The Bureau of Labor Statistics (BLS) released April 2022 Consumer Price Indexes (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis): The all items index rose 0.6% in the last month and increased 8.3% in the last twelve months Commodities, less food + energy commodities, remained flat from March to […]
The Bureau of Labor Statistics (BLS) released March 2022 Producer Price Index (PPI) today. Farm products rose 8.6% in the last month and increased 35.6% in the last twelve months. Processed foods + feeds rose 2.0% from February 2022 and increased 13.7% since March 2021. Textile products + apparel increased 0.5% in the last month […]
The Bureau of Labor Statistics (BLS) released March 2022 Consumer Price Index (CPI) today. The all items index rose 1.3% in the last month and increased 8.5% in the last twelve months. Energy rose 11.4% from February 2022 and increased by 32.0% from March 2021. Commodities, less food + energy commodities, decreased 0.1% in the […]
The Bureau of Labor Statistics (BLS) released February 2022 Producer Price Index (PPI) today. Farm products rose 5.6% in the last month and increased 25.9% in the last twelve months. Processed foods + feeds rose by 1.9% from January 2022 and increased 12.8% from February 2021. Textile products + apparel increased 1.5% in the last […]
The Bureau of Labor Statistics (BLS) released February 2022 Consumer Price Index (CPI) today. The all items index rose 0.9% in the last month and increased 7.9% in the last twelve months. Used cars + trucks increased 0.8% from January 2022 and rose 41.2% since February 2021. Gasoline (all types) increased 5.4% in the last […]
The Bureau of Labor Statistics (BLS) released January 2022 Producer Price Index (PPI) today. Farm products rose 2.2% in the last month and increased 22.2% in the last twelve months. Processed foods + feeds rose by 1.6% from December 2021 and increased 12.6% from January 2021. Textile products + apparel rose 0.7% in the last […]
The Bureau of Labor Statistics (BLS) released January 2022 Consumer Price Indexes (CPI) today. The all items index rose 0.8% in the last month and increased 7.5% in the last twelve months. All items, less food + energy, increased 0.7% between December 2021 and January 2022 and rose 6.0% from January 2021 to January 2022. […]
For many years prior to October 2021, the Bureau of Labor Statistics (BLS) published preliminary Producer Price Indexes (PPI) in the middle of the month proceeding each index release. For example, the BLS released January ’23 PPI on February 16th of this year. (final January indexes will be released four months from now or in […]
The Bureau of Labor Statistics (BLS) released December 2021 Producer Price Index (PPI) today. The industrial commodities index decreased 1.2% in the last month and increased 21.4% in the last twelve months. Processed foods + feeds rose 0.2% from November 2021 & increased 10.4% since December 2020. Textile products + apparel increased 0.8% in the […]
The Bureau of Labor Statistics (BLS) released December 2021 Consumer Price Indexes (CPI) today. The all items index rose 0.3% in the last month and increased a notable 7.0% in the last twelve months. Commodities, less food + energy, rose by 0.9% from November 2021 and increased 10.7% from December 2020. Cereals + cereal products […]
Download PDF Guide Recent LIFO Developments LIFO Related Congressional Updates No current general threats to LIFO on Capitol Hill H.R. 7832/S. 4105 – Supply Chain Disruptions Relief Act This bill was drafted to provide tax relief to new motor vehicle dealerships using the LIFO method who had qualified inventory liquidations solely attributable to supply chain […]
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 […]
