Summary
- August headline inflation came in below the consensus for the month and year. Core inflation was also below the consensus.
- The current trend in CPI-W would place the 2019 Social Security cost-of-living increase in a range of 2.7% to 3.0%, with one month remaining for the calculation.
- Non-seasonally adjusted inflation increased just 0.06% in August, after a 0.01% increase in July. What does this mean for TIPS and I Bonds?
Read my full analysis on SeekingAlpha.com
Also:
- I have updated my Tracking Inflation and I Bonds page with the new numbers.
- I have also updated my Social Security COLA page with an update on the 2018 calculation.
- And here are the updated October Inflation Indexes for all TIPS.

The heads of all the Federal statistical agencies and bureaus are political appointments, which makes them by definition, subject to…