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Check Out Line: Benign inflation, if you don’t eat or drive

Started by calm_girl, June 13, 2008, 11:41:41 PM

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calm_girl

Check Out Line: Benign inflation, if you don't eat or drive
      


Check out inflation.
 
That $4-a-gallon gasoline really drives up consumer prices. The Consumer Price Index rose 0.6 percent in May, the largest increase since November. Year-over-year, consumer inflation was up 4.2 percent.
 
The so-called “core” index, which excludes food and energy, rose only 0.2 percent in May and 2.3 percent year-over-year.
 
But most consumers eat, drive and use [...]
         

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