January ’18 PPI Highlights

The Bureau of Labor Statistics (BLS) released January 2018 Producer Price Indexes (PPI) today.

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February 15, 2018
By: Bob Richardson
January ’18 CPI Highlights

The Bureau of Labor Statistics (BLS) released January 2018 Consumer Price Indexes (CPI) today. Shown below are historical inflation rates through January 2018 for selected CPI categories.

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February 14, 2018
By: Bob Richardson
December 2017 CPI Highlights

The Bureau of Labor Statistics (BLS) released December 2017 Consumer Price Indexes (CPI) today. Shown below are historical inflation rates through December 2017 for selected CPI categories.

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January 15, 2018
By: Bob Richardson
December 17 PPI Highlights

Get the latest updates on commodity inflation trends with PPI release updates from LIFO-PRO’s BLS Blog Page, including historical inflation averages & top 10 monthly gainers!

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January 11, 2018
By: Bob Richardson
IPIC LIFO Method Advantages

For most large supermarket chains the advantage of using CPI vs. internal indexes has been substantial.

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December 20, 2017
By: Bob Richardson
November ’17 CPI Highlights

The Bureau of Labor Statistics (BLS) released November 2017 Consumer Price Indexes (CPI) today.

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December 13, 2017
By: Bob Richardson
November ’17 PPI Highlights

The Bureau of Labor Statistics (BLS) released November 2017 Producer Price Indexes (PPI) today.

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December 12, 2017
By: Bob Richardson
Reasons for Congress to Keep the LIFO Inventory Method

The last-in, first-out (LIFO) inventory method has been an acceptable accounting method in the U.S. tax code for more than 75 years.

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December 6, 2017
By: Bob Richardson
October ’17 CPI Highlights

Shown below are historical inflation rates through October 2017 for selected CPI categories.

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November 15, 2017
By: Bob Richardson
October 17 PPI Highlights

On a seasonally unadjusted basis, the PPI for all commodities increased by 0.2%. Prices for final demand goods moved up 0.3 percent in October, the third straight increase.

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November 14, 2017
By: Bob Richardson
Senate Finance Committee Drafting Tax Reform Bill

Based on recent reports, sources indicate that at least two Senate Finance Committee members have stated that they favor LIFO repeal.

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November 6, 2017
By: Bob Richardson
Tax Cuts and Jobs Act: House Tax Reform Bill Details Released

The House Ways & Means Committee released the details of their tax reform bill, called the Tax Cuts and Jobs Act. See a summary & the full bill here!

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November 2, 2017
By: Bob Richardson