Boring nerds for a boring economy
Is there somewhere I can bookmark a link for total Consumer Price Index, NOT minus fuel and food?What is the reasoning behind stripping out those two important elements? They say it's volatility, but moving averages would solve that.Is there a moving average chart available?
bls.gov has CPI and PPI numbers. What I am curious about is the PPI for finished goods and intermediate goods were tracking together and diverged at the beginning of 08. Now while finished goods are up 7.2 intermediate goods have increased 12.6% y-o-y. And Crude goods were up about 12% y-o-y last summer, have now spiked to 41.5% y-o-y. There seems to be a whole lot of PPI inflation coming.
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