Focus on Economic Data: The Inflation Rate - September 16, 2003
Source: Council for Economic Education (EconEdLink) | Type: Lesson
The seasonally adjusted rate of change in the consumer price index (CPI) during the month of August 2003 was 0.3 percent (an increase of four-tenths of one percent). The rate of increase in the consumer price index over the past twelve months was 2.2 percent. In August, the core consumer price index, which excludes energy and food prices, increased 0.1 percent. Over the last twelve months, the core index increased 1.3 percent.
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