Friday, December 16, 2011

It's The Economy Stupid: CPI

Okay, inflation, commonly identified by the use of the governments Consumer Price Index (CPI), is trending up, depending on which CPI metric you use.  But it ain’t up a lot.

 

All I can say is that CPI obviously doesn’t shop at the same grocery store that I shop at.

 

 

Economic Event

Period

Economic Survey

Actual Reported

Original Prior

Revised Prior

Consumer Price Index   (MoM)

NOV

0.1%

0.0%

-0.1%

-

CPI Ex Food & Energy   (MoM)

NOV

0.1%

0.2%

0.1%

-

Consumer Price Index   (YoY)

NOV

3.5%

3.4%

3.5%

-

CPI Ex Food & Energy   (YoY)

NOV

2.1%

2.2%

2.1%

-

 

 

 

Boudin Chaud. Cous Cous Froide. Allons Tigres--Poussez Poussez Poussez

 

John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury

Ph:  225-342-0013

Fx:  225-342-9721

Email:  jbroussard@treasusry.state.la.us

Street Address:

445 North Blvd, 7th Floor

Baton Rouge, LA 70802

Mailing Address:

P.O. Box 44154 Capitol Station

Baton Rouge, LA 70804-4154

Physical Location:

One City Plaza, 7th Floor

Corner of North Blvd & 4th Street

Exit 1B I-110 Convention Street, Turn Left to get to North Blvd

 

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