Comment on CPI Number Reported INTENTIONALLY INCORRECT?

CPI Number Reported INTENTIONALLY INCORRECT?

Remember the market's "cheering" of the "-0.1%" CPI-U reading (core) yesterday? There's a problem - it was wrong. Look at the highlighted numbers. Let's multiply them up. (5.966 x 0) + (.769 x -2.1) + (25.206 x -0.1) + (.347 x 0.4) / 32.288 = -0.12%, or -0.1%. But it was reported as -0.5% in the line directly above (inverted tone.) Oops.

 

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