Friday, April 15, 2011

CPI: 2.7%

Over the last three months, inflation has been running at an annualized rate of 6.0 percent and, going back six months, the rate of inflation has been 5.6 percent. Moreover, as indicated in red above, another few months like the last ones will result in replacing price declines in early-2010 that could push the consumer price index sharply higher.

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