Labor Dept. Corrects CPI Historicals: June Rise Largest Since SEPT-05, Not JUN-82
The Labor Dept. has issued a correction to historical information from this morning’s June CPI report.
Officials say the 1.1% jump in headline CPI was the largest increase since September 2005, not June 1982, as previously specified.
Additionally, Labor clarified that the decline in Real Earnings (-0.9%) was the biggest since Sept-05, when they fell 1.1%