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To: Win-Lose-Draw who wrote (134811)11/16/2001 9:39:29 AM
From: yard_man  Respond to of 436258
 
fuel and debt service on housing have dropped considerably recently -- food on the other hand, I mean groceries ...

yet commodities are scarping lows ...



To: Win-Lose-Draw who wrote (134811)11/16/2001 5:13:05 PM
From: Don Lloyd  Read Replies (2) | Respond to of 436258
 
w-l-d

...Does anyone produce a "real" inflation number? ...

Message 16668954

"...Cleveland Fed's median CPI rose 0.4 pct in Oct
WASHINGTON, Nov 16 (Reuters) - The Federal Reserve Bank of Cleveland said on Friday its median Consumer Price Index, a measure of core U.S. inflation, rose 0.4 percent in October following a 0.2 percent increase in September.

Over the last 12 months, 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 fell 0.3 percent in October while the core rate increased 0.2 percent. ..."

Regards, Don