Friday, May 13, 2011

It's The Economy Stupid: CPI Increase 3.2%

CPI Year Over Year increase:  3.2% annualized rate, versus last month’s 2.7% increase
So, inflation is inching upward
Economists on the increase in food & energy:  “It’s Transitory.”
One could say that the Black Plague was ‘transitory.’

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