Core CPI = 0.14978486314%

The futures are pointing sharply higher because the core CPI for May came in at 0.1% compared with Wall Street’s forecast of 0.2%.
The seasonally-adjusted core CPI Index for April was 209.634. For May, it was 209.948.
So the inflation rate is 0.314 divided by 209.634 or 0.14978486314%.
All Hail the Gods of Rounding!

Posted by Eddy Elfenbein on June 15th, 2007 at 9:09 am

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