Price Pressure on the Rise, with More to Come

04/13/2021

This morning, the Bureau of Labor Statistics reported the headline Consumer Price Index (CPI) rose by a seasonally-adjusted +0.6% in March following a +0.4% increase in February. The gain topped forecasts and was the largest in any single month since August 2012. Food prices edged +0.1% higher, while energy prices rose +5.0% with gasoline (+9.1%) leading the way. With crude oil prices roughly double the average from a year ago, the year-over-year energy gain will be much more pronounced in the next report.

Download the full article

Read more Economic Commentary

Learn More From HilltopSecurities

Housing Starts Accelerate to Fill Severe Shortage of Homes

Economic Data Dismissed as All Ears Turn to Powell

Thank you for visiting the HilltopSecurities website.
For best viewing experience, we recommend using Chrome, Firefox, Safari, or Microsoft Edge.