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May 25, 2005

Unfortunately, "Core" Inflation Doesn't Work in Either Your Stomach or Your Gas Tank
by Douglas R. Gillespie

Summary

On back-to-back days last week, the Labor Department released reports on producer price and consumer price behavior during April. These releases served to make a larger (and ever growing) number of people I know even more "irritated" (euphemism for materially stronger emotions couched in much worse language) about being preached to about "core" inflation. http://www.gillespieresearch.com/cgi-bin/s/article/id=563

Douglas R. Gillespie, Sr.
Gillespie Research Associates
165 Sheridan Avenue
HO-HO-KUS, NJ 07423
201-447-5743

Doug Gillespie oversees his own financial-market and economic consulting firm, Gillespie Research Associates. For a complimentary sample of Dougs material, e-mail him at drgillespiesr@aol.com.

Copyright © 2004-2005 Gillespie Research Associates. All rights reserved.

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