The most ideal time to elect LIFO is when inflation is greater than or equal to the historical averages, and the biggest tax savings opportunities occur when the adoption year inflation is significantly higher than normal. This is because the election year LIFO tax benefit is primarily dependent on how much inflation occurred in the […]
LIFOPro has completed the annual updates to the Excel file used by LIFOPro clients for populating BLS PPI Table 9 category names via VLOOKUP formulas in their inventory detail files. LIFOPro clients should use the email received containing the Complete Table 9 PPI Category Name file download link to obtain the updated file (feel free […]
The Bureau of Labor Statistics (BLS) released September 2026 Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): All commodities increased 2.7% since August and rose 12.7% from August 2025 Farm products fell 2.5% in the last month and decreased 1.4% in the last twelve months Processed foods […]
The Bureau of Labor Statistics (BLS) released September 2026 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items rose 0.6% in the last month and increased 3.7% in the last twelve months All items, less food and energy, increased 0.4% since August and rose 2.6% […]
The Bureau of Labor Statistics (BLS) released August 2026 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items rose 0.3% in the last month and increased 3.4% in the last twelve months All items, less food and energy, increased 0.3% since July and rose 2.4% […]
The Bureau of Labor Statistics (BLS) released August 2026 Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): All commodities increased 1.4% since July and rose 9.7% from August 2025 Farm products fell 2.9% in the last month and decreased 3.3% in the last twelve months Processed foods […]
The Bureau of Labor Statistics (BLS) released July 2026 Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): All commodities decreased 1.0% since May and rose 9.2% from July 2025 Farm products fell 2.9% in the last month and increased 0.4% in the last twelve months Processed foods […]
The Bureau of Labor Statistics (BLS) released July 2026 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items saw no change in the last month and increased 3.4% in the last twelve months All items, less food and energy, increased 0.1% since June and rose […]
The Bureau of Labor Statistics (BLS) released June 2026 Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): All commodities decreased 1.9% since May and rose 10.2% from June 2025 Farm products fell 2.6% in the last month and increased 3.4% in the last twelve months Processed foods […]
The Bureau of Labor Statistics (BLS) released June 2026 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items fell 0.3% in the last month and increased 3.5% in the last twelve months All items, less food and energy saw no change since May and rose […]
The Bureau of Labor Statistics (BLS) released April 2026 Producer Price Indexes (PPI) today. Highlights are as follows (all indexes on a seasonally unadjusted basis): All commodities increased 3.1% since April and rose 12.9% from May 2025 Farm products rose 2.4% in the last month and increased 7.0% in the last twelve months Processed foods […]
The Bureau of Labor Statistics (BLS) released May 2026 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): All items rose 0.6% in the last month and increased 4.2% in the last twelve months All items, less food and energy increased 0.3% since April and rose 2.9% […]
