"Economists are pessimists: they've predicted 8 of the last 3 depressions."
--Barry Asmus

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Friday, May 13, 2011

Consumer Price Index News Release

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The latest Consumer Price Index news release (http://www.bls.gov/news.release/pdf/cpi.pdf) was issued today by the Bureau of Labor Statistics. Highlights are below.
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On a seasonally adjusted basis, the CPI-U increased 0.4 percent in April after rising 0.5 percent in March. The index for all items less food and energy rose 0.2 percent in April after increasing 0.1 percent in March.

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