Jul 16, 2013

This is bad... Consumer Price Index up 1.8% and Energy index has risen 3.2% in only a year!

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in June on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today.
The all items index increased 1.8 percent over the last 12 months...energy index has risen 3.2 percent over the span, and the food index has increased 1.4 percent.

Please read on at:
http://www.bls.gov/news.release/cpi.nr0.htm