Economic Report Summary from VectorVest

by Angel Clark

Here is this week’s economic report summary from VectorVest.

VectorVest Economic Report

  • 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.

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