Friday, May 15, 2009
More On Prices: CPI
Most measures in today's CPI report were either slightly higher or flat versus the previous month.
A note about the above graph: for CPI, the headline number is not seasonally adjusted. For PPI, the headline number is seasonally adjusted. Therefore, I have been tracking seasonally adjusted for both measures.
On that basis:
- The year over year change has been negative for the PPI for the last five months
- The year over year change has been negative for the CPI for four of the last five months