Economy and Inflation Flashcard

Front

What was the annual inflation rate in November as reported?

Back

2.7%

Front

What component of the CPI rose 0.3% in November?

Back

Shelter costs

Front

What was the core CPI on an annual basis excluding food and energy costs?

Back

3.3%

Front

What percentage of the total CPI increase in November was accounted for by the shelter item?

Back

40%

Front

What was the monthly increase in used vehicle prices in November?

Back

2%

Front

What was the change in the energy index on an annual basis?

Back

-3.2%

Front

What was the single biggest monthly decline in the measure of cereals and bakery products since 1989?

Back

1.1%

Front

What is the expected action of the Federal Reserve at their policy meeting following the report?

Back

Lower the benchmark short-term borrowing rate by a quarter percentage point