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To: Benkea who wrote (24733)9/3/1999 10:18:00 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
Beemer index up 31.5% - biz.yahoo.com

CIBCR U.S. leading inflation index 106.1 in August

NEW YORK, Sept 3 (Reuters) - The Center for International Business Cycle Research (CIBCR) said its U.S. leading inflation index fell to a reading of 106.1 in August from a
downwardly revised reading of 106.3 in July.

The rate of change rose by 3.6 percent in August after a downwardly revised July rate of 4.6 percent.

The rate of change is a ratio of the current month's index to its average over the preceding twelve months, expressed as a compound annual rate.

July's index was originally reported at 107.0, while the rate of change was first reported at 5.7 percent.