Inflation and Prices
Retail prices increased at an annualized rate of 2.4% in December, just a shade under their average increase for the whole of 1995. However, inflation signals from the core measures were mixed. The CPI less food and energy moderated to a 1.5% annualized rate for the month, while the median CPI continued to show price pressure of around 3%.
Suggested citation: “Inflation and Prices,” Federal Reserve Bank of Cleveland, Economic Trends, no. 96-02, pp. 06-07, 02.01.1996.