Inflation Forecast Update
Posted in Economic Indicators
January 19, 2012
The Inflation Forecast now incorporates actual total and core Consumer Price Index data for December 2011. The actual total (core) inflation rate for December is about the same as (slightly higher than) forecasted. The inflation seasonality summary (second chart) now incorporates data for 2011.
The new actual and forecasted inflation rates will flow into Real Earnings Yield Model projections about the end of January.
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