Economic Data for Friday, Jan. 14, 2000
CPI for Dec = +0.2%
Core rate = +0.1%
stats.bls.gov
On a seasonally adjusted basis, the CPI-U rose 0.2 percent in
December, following a 0.1 percent increase in November. The food index rose 0.1 percent in December, the same as in November. The energy index, which was unchanged in November, rose 1.4 percent in December. The index for petroleum-based energy increased 4.1 percent, while the index for energy services declined 1.1 percent. Excluding food and energy, the CPI- U rose 0.1 percent in December, following an increase of 0.2 percent in November; the moderation reflects a smaller increase in shelter costs.
Industrial Production for Dec = + 0.4%
Capacity Utilization = 81.3%
bog.frb.fed.us
Industrial production increased 0.4 percent in December, the same rate as in November. At 140.5 percent of its 1992 average, industrial production in December was 5.0 percent higher than in December 1998. For the fourth quarter as a whole, the total index increased at an annual rate of 6.6 percent, up from 4.8 percent in the third quarter. The rate of capacity utilization for total industry edged up in December, to 81.3 percent, a level 0.8 percentage point below its 1967-98 average.
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