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Finance Committee Agenda and Packet 2021 02 15
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Finance Committee Agenda and Packet 2021 02 15
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2/23/2021 10:32:36 AM
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2/23/2021 10:06:43 AM
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City Council Records
Meeting Date
2/15/2021
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Boards Commissions Committees Records
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Inflation <br />3.0 % <br />2.5 % <br />2.0% <br />L <br />M <br />� 1.5 <br />0 <br />; <br />° 1.0 % <br />Consumer Price Index (CPI) <br />0.5 % CPI YOY % Change <br />Core CPI YOY % Change <br />0.0 % <br />O00, 27 <br />01- ✓4� l9 <br />9 <br />Source: US Department of Labor <br />70 'I9 �o io �O �o <br />3.0% <br />2.5% <br />2.0% <br />C <br />f0 <br />v 1.5% <br />a <br />0 1.0% <br />0.5% <br />Personal Consumption Expenditures (PCE) <br />PCE Price Deflator YOY % Change <br />PCE Core Deflator YOY % Change <br />0.0% <br />tioG �P6 �dL 9�� �LoG �Pb <br />1� 79 101 <br />7,,9 7,9 'I9 - <br />Source: US Department of Commerce <br />The Consumer Price Index (CPI) was up 1.4% year -over -year in December, versus up 1.2% year -over -year in November. Core CPI (CPI less food <br />and energy) was up 1.6% year -over -year in December, unchanged from November. The Personal Consumption Expenditures (PCE) index was <br />up 1.1% year -over -year in November, versus up 1.2% year -over -year in October. Core PCE, which is the Fed's primary inflation gauge, was up <br />1.4% year -over -year in November, unchanged from October. Inflation remains below the Fed's target. <br />C1® <br />14 <br />
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