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Strategies & Market Trends : ahhaha's ahs
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To: ahhaha who wrote (3836)12/14/2001 12:55:32 PM
From: ahhahaRead Replies (5) of 24758
 
Cleveland Fed's median CPI rose 0.3 pct in Nov

WASHINGTON, Dec 14 (Reuters) - The Federal Reserve Bank of Cleveland said on Friday its median Consumer Price Index, a measure of core U.S. inflation, rose 0.3 percent in November following a 0.4 percent increase in October.

During the 12 months through November, 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 was unchanged in November while the core rate increased 0.4 percent.
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