TITLE

U.S. Future Inflation Unchanged in May

AUTHOR(S)
Newman, Emily
PUB. DATE
June 2003
SOURCE
Bond Buyer;6/9/2003, Vol. 344 Issue 31652, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
U.S. future inflation gauge stayed at 116.6 in May 2003, unchanged from April's downwardly revised figure, according to data released by Economic Cycle Research Institute. The gauge, which is designed to anticipate cyclical swings in the rate of inflation, was originally reported as 119.4 in April 2003. Smoothed annualized growth rate, a comparison of the latest figure to the preceding year's average level, fell to 3.7 percent from a revised 6.0 percent in April 2003, originally reported as 11.3 percent.
ACCESSION #
10022190

 

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