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Correction

May 20, 1990

Economists charts--Two tables accompanying the Times Board of Economists column last Sunday had incorrect column headers. The tables should have appeared as below:

UNDERLYING INFLATION RATE

*--* 1Q90 x Year end Year end Annual 1988 1989 rate Underlying CPI 4.6 4.2 6.9 Underlying deflator 4.5 4.1 5.6 Underlying PPI 4.0 4.3 3.3

*--*

*

ACTUAL INFLATION RATE

*--* 1Q90 Year end Year end Annual 1988 1989 rate Consumer price index 4.4 4.6 8.1 Consumption deflator 4.3 4.4 7.8 Producer price index 3.4 4.9 9.1

*--*

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