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Politics : Ask Michael Burke

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To: Freedom Fighter who wrote (77166)	3/8/2000 3:16:00 AM
From: Don Lloyd	Read Replies (1) of 132070

Wayne - This may be a repeat - 208.248.87.252 "CPI REPORT DID NOT INCLUDE ENERGY COSTS By JOHN CRUDELE -------------------------------------------------------------------------------- DID Washington eliminate the rising price of oil from the last Consumer Price Index? ..." ",,,Buried deep in a footnote in the CPI report, under a section about seasonal adjustments, is this statement: "Effective with the calculation of the seasonal factors for 1990, the BLS has used an enhanced seasonal adjustment procedure called Intervention Analysis Seasonal Adjustment for the CPI series ...Ï. For the fuel oil and the motor fuels indexes, this procedure was used (in January) to offset the effects that extreme price volatility would otherwise have had on the estimates of seasonal adjusted data for those series."..." Regards, Don

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