Headline and Core Inflation Decline Fractionally

From dshort.com - Advisor Perspectives
January 16, 2013 - 9:06am

Jan 16, 2013 Doug Short  The Bureau of Labor Statistics released the CPI data for December this morning. Year-over-year unadjusted Headline CPI came in at 1.74%, which the BLS rounds to 1.7%, down fractionally from 1.76% last month (rounded to 1.8%). Year-over year-Core CPI (ex Food and Energy) came in at 1.89% (BLS rounds to 1.9%), down from last month's 1.94%. Here is the introduction from the BLS summary, which leads with the seasonally adjusted data:More...

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