TITLE

May ECRI Index Slips To 121.8 From 122.0

AUTHOR(S)
Ackerman, Andrew
PUB. DATE
June 2006
SOURCE
Bond Buyer;6/5/2006, Vol. 356 Issue 32395, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the data released by the Economic Cycle Research Institute (ECRI) Inc. regarding the U.S. inflation gauge which fell from 122.0 in April to 121.8 in May 2006. According to ECRI, the May decrease suggested that the underlying inflation pressures remain in an easing trend. The author commented that the decrease was driven by dis-inflationary moves in measures of home loans and vendor performance.
ACCESSION #
21101495

 

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