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To: UnBelievable who wrote (48019)12/15/2000 8:44:07 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
LOL!!



To: UnBelievable who wrote (48019)12/15/2000 9:02:52 AM
From: UnBelievable  Read Replies (3) | Respond to of 436258
 
US CPI-OVERVIEW

Futures World News - December 15, 2000 08:30

Dec. 15-MAR--

--US consumer prices +0.2% in November; core rate +0.3%
--"Sharp upturn" in tobacco key cause of CPI rise, BLS says
--US November tobacco prices +3.6; cigarettes up 3.7%
--US November core CPI, excluding tobacco, +0.2
--Ex-energy, US November consumer prices +0.2%; energy +0.1%
--US November CPI gasoline prices +0.3%; fuel oil +0.1%
--US November new auto prices +0.1%
--US November consumer shelter prices +0.3%; apparel -0.4%
--US November CPI +3.4% from November 1999; core CPI +2.6%
--US November food prices unchanged; weakest since January
--US November medical prices +0.2%; smallest gain since Oct. 1999
--US real average weekly earnings in November -0.1%

By Simon Kennedy, BridgeNews
Washington--Dec. 15--A sharp jump in cigarette prices forced U.S.
consumer prices up 0.2% in November, and lifted the core rate 0.3%, the
Labor Department reported Friday. Excluding tobacco prices, which rose
3.6%, the core measure rose 0.2%. Analysts had expected both the CPI and
the core index to match their 0.2% advances of October.
* * *
"A sharp upturn in the tobacco index was principally responsible for
the larger advance in November," of the CPI, Labor said. It noted this
component was largely driven by cigarette prices, which surged 3.7% in
November, having fallen 2.8% in October. The rise in tobacco prices was
the steepest since April.
Meanwhile, energy prices fell 0.2%, their weakest performance since
August,
with natural gas prices dropping 0.7%. Gasoline prices increased 0.3%,
while prices for fuel oil and electricity climbed 0.1% and 0.2%,
respectively.
Food prices were unchanged, their weakest since January, as pork and
poultry prices both tumbled, with the latter falling by its biggest margin
in 11 years.
Ignoring such noisy elements, the core rate of retail inflation was
lifted by a 0.3% rise in transportation prices, which were underpinned by
a 0.1% increase in new vehicle costs and a 0.7% jump in airline fares.
However, the rise in new vehicle prices was the lowest since May, a
possible reflection of falling demand.
Medical care also rose, but its 0.2% increase was the smallest October
1999.
More