U.S. Inflation Rose 2.3% In 2019, Highest In 8 Years

Summary

  • Gasoline prices, up 7.9% in 2019, and shelter costs, up 3.2%, were major factors in 2019’s moderately high inflation.
  • December inflation, however, fell slightly below consensus estimates. You can expect the Fed to continue its “on hold” rate policy.
  • Investor interest in inflation protection is rising. Best bet for small investors: U.S. Series I Savings Bonds.

While many financial “experts” have been declaring U.S. inflation dead for years, it surged back to life in 2019 – rising 2.3%, the highest number since 2011. While 2.3% isn’t scary-high, it is on the high end of moderate inflation.

Read my full analysis on SeekingAlpha.com

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About Tipswatch

Author of Tipswatch.com blog, David Enna is a long-time journalist based in Charlotte, N.C. A past winner of two Society of American Business Editors and Writers awards, he has written on real estate and home finance, and was a founding editor of The Charlotte Observer's website.
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