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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: Benkea who wrote (32382)	11/5/1999 11:00:00 AM
From: Les H	Read Replies (1) of 99985

CIBCR U.S. leading inflation index 109.0 in Oct Friday November 5, 10:28 am Eastern Time biz.yahoo.com NEW YORK, Nov 5 (Reuters) - The Center for International Business Cycle Research (CIBCR) on Friday said its U.S. leading inflation index rose for the fourth consecutive month to a reading of 109.0 in October, from a revised reading of 108.7 in September. ``October saw weaker industrial material prices offset by higher NAPM prices paid and slower deliveries from vendors,' according to the report. The rate of change rose by 6.0 percent in October compared to a downwardly revised reading of 6.3 percent in September. The rate of change is a ratio of the current month's index to its average over the preceding twelve months, expressed as a compound annual rate. September's figure was originally reported at 108.9, while the rate of change was first reported at 6.7 percent. Also, BLS followup at biz.yahoo.com

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