CONSUMER PRICE INDEX
The consumer price index (CPI) fell 0.3% in March, following a 0.1% gain in February, and it is up 3.1% annualized. The energy component dropped 3.2% in March; gasoline prices were down 6.1%. Excluding food and energy, the CPI fell 0.1%. Since 1995, year over year growth in the core CPI has averaged 2.1%, just below the Federal Reserve’s inflation target of 2.5%.
The information herein was obtained from various sources believed to be accurate; however, Forté Capital does not guarantee its accuracy or completeness. This report was prepared for general information purposes only. Neither the information nor any opinion expressed constitutes an offer to buy or sell any securities, options, or futures contracts. Forté Capital’s Proprietary Market Risk Barometer is a summary of 30 indicators and is copyrighted by Forté Capital LLC. For further information, visit www.fortecaptial.com, send a message to info@forte-capital.com, or call 866-586-8100.
