Economic Report Summary from VectorVest
by Angel Clark
Here is this week’s economic report summary from VectorVest.
- Consumer Prices grew by 1.5% on an annualized basis in December 2013, compared with the previous month’s annual rate of 1.2%.
- Core CPI, which excludes food and energy, rose 1.7% annually in December 2013.
- Producer Prices rose 0.4% year-over-year in December 2013, while Core PPI grew 1.4%.
- The Import Price Index remained unchanged on a monthly basis in December 2013, coming in lower than the expected 0.3% increase, while the Export Price Index advanced 0.4% month-over-month, higher than the forecasted 0.1% rise.