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To: ahhaha who wrote (3564)	11/16/2001 12:47:54 PM
From: ahhaha	Read Replies (1) of 24758

Cleveland Fed's median CPI rose 0.4 pct in Oct WASHINGTON, Nov 16 (Reuters) - The Federal Reserve Bank of Cleveland said on Friday its median Consumer Price Index, a measure of core U.S. inflation, rose 0.4 percent in October following a 0.2 percent increase in September. Over the last 12 months, the Cleveland Fed median CPI rose 3.9 percent, the regional Fed said. The Cleveland Fed's median CPI is a core measure of inflation calculated by the bank based on U.S. government data. But unlike the Labor Department's core CPI, which automatically excludes food and energy prices every month, the Cleveland Fed median CPI trims out any component whose price change markedly departs from the price performance of most items. Earlier on Friday, the U.S. Labor Department said the Consumer Price Index fell 0.3 percent in October while the core rate increased 0.2 percent.

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