SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Kailash who wrote (40955)2/22/2000 12:03:00 PM
From: Les H  Respond to of 99985
 
Cleveland Fed's median CPI rose 0.3 pct in January

NEW YORK, Feb 22 (Reuters) - The Federal Reserve Bank of Cleveland said on Tuesday its median U.S. Consumer Price Index (CPI), a measure of core U.S. inflation, rose by 0.3 percent in January.

Core U.S. inflation as measured by the Cleveland Fed gauge rose by 2.3 percent in January, year-over-year.

On Friday, the Bureau of Labor Statistics (BLS) said the CPI rose a modest 0.2 percent in January, while the core index also rose by 0.2 percent. Year-over-year, the core CPI rose by 1.9 percent.

The median CPI is a core measure of inflation calculated by the Cleveland Fed, based on Bureau of Labor Statistics (BLS) monthly CPI data.

Unlike the Labor Department's core CPI, which excludes only food and energy prices, the median CPI trims out any component whose price change markedly departs from the price performance of most items.