Leading Inflation Indicator Up in June

July 2 (Bloomberg) -- A gauge of future inflation in
the U.S. rose last month, according to the Foundation
for International Business and Economic Research.
FIBER’s leading inflation index for June rose to
82.7 from 80.7 in May. The smoothed growth rate, which
is expressed as a compound annual rate, was -10.5 percent
in June.

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June May April March Feb. Jan. Dec. Nov.
2009 2009 2009 2009 2009 2009 2008 2008
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Inflation index 82.7 80.7 77.7 76.4 77.3 78.1 78.7 82.9
Smoothed growth rate -10.5% -18.2% -27.2% -32.6% -33.7% -34.8% -36.1% -31.6%
Monthly % change 2.5% 3.9% 1.7% -1.2% -1.0% -0.8% -5.1% -6.9%
Yearly % change -23.1% -24.3% -26.4% -26.8% -23.2% -22.9% -21.5% -18.1%
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