Morning Mohan,..Re:.CPI and Retail Sales
Looks like inflation is long gone! <g>
Retail Sales for March = + 0.2%
The Census Bureau of the Department of Commerce announced today
that advance estimates of U.S. retail sales for March
adjusted for seasonal, holiday, and trading-day differences, but
not for price changes, were $239.6 billion, an increase of 0.2
percent (±0.7%) from the previous month and up 8.7 percent (±0.9%)
from March 1998.
census.gov
CPI for March = +0.2%
On a seasonally adjusted basis, the CPI-U rose 0.2 percent in March,
following increases of 0.1 percent in each of the preceding three months.
Core Rate = +0.1%
Excluding food and energy, the CPI-U increased 0.1 percent
in March, the same as in each of the first two months of 1999.
stats.bls.gov:80/news.release/cpi.nws.htm
Good economy, good stock market, strong job growth, good strength in dollar, off we go! Profits should be improving!<g>
Happy Tuesday,
Lee |
