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To: Mohan Marette who wrote (116934)4/13/1999 8:59:00 AM
From: Lee  Read Replies (3) | Respond to of 176388
 
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