CPI increases 0.5% in June, Core CPI 0.2% The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in June on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.8 percent before seasonal adjustment.
July 16, 2013 - Calculated Risk
Spot The Grotesque Retail Sales Seasonal Adjustment Outlier By now everyone knows that when all else fails with propaganda data manipulation, the US government goes right to Plan B: the X-12-ARIMA seasonal adjustment program (full 257 instruction manual here ). It most certainly did that in June. The chart below shows the June difference between Seasonally Adjusted and Non-Seasonally Adjusted headline data: a positive number means that contrary to the ...
July 15, 2013 - Zero Hedge