Consumer Price Index Nov 2009

16 12 2009

Today the BLS released the Consumer Price Index (CPI).  The news is a little upbeat, but again it is based on energy prices driving the index.  The rest of the field is a little flat.  Overall the CPI rose .4% with Energy jumping 4.1%.

What is more interesting in news around this is that housing starts are on the rise and the stock market is up this morning on the announcement of the CPI data.

Stocks rise ahead of Fed decision

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