Headline CPI Inflation Hits 2-year High

Luke Tilley |
Wilmington Wire
Wilmington Trust

October 18, 2016–As expected, the Consumer Price Index (CPI) jumped in September in y/y terms. It reached 1.5%, the highest in nearly two years since the 1.7% posted in October 2014 as gasoline prices were plummeting that year. Today’s report just barely eclipses the January 2016 figure of 1.4%, but we expect it to keep moving higher. Core CPI remained steady at 2.2%.

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What are Commodities Telling Us?

Luke Tilley |
Wilmington Wire

October 6, 2016–This post is intended to explore two separate but connected issues:Is a Commodity Research Board Index a good proxy for World economic growth?What are the implications for Emerging Markets?Commodity Research Board Raw Industrials IndexFirst, it’s a bit strange to be writing about commodities and their importance on the same day that West Texas Intermediate surpassed a psychological threshold of $50 for the first time in more than three months, and not be writing about oil.

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