by Bill McBride on 5/22/2015 08:32:00 AM
Friday, May 22, 2015
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in April on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index declined 0.2 percent before seasonal adjustment.I'll post a graph later today after the Cleveland Fed releases the median and trimmed-mean CPI. This was at the consensus forecast of a 0.1% increase for CPI, and above the forecast of a 0.1% increase in core CPI.
The index for all items less food and energy rose 0.3 percent in April and led to the slight increase in the seasonally adjusted all items index.
Posted by Bill McBride on 5/22/2015 08:32:00 AM