Report
Data Round-Up: Core CPI Running +2%; Signs of Pick-Up in Manufacturing
posted by Michael Lewis on November 17, 2015
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Headline
Over the past 3-, 6- and 12-months, core CPI inflation has risen +2% annualized. While the Fed’s preferred measure, the core PCE deflator, is running at a somewhat more moderate rate, about +1.5%, this is hardly disinflation and surely not deflation.
Abstract
FMI’s analyses of today’s October CPI and Industrial Production reports.