August 16, 2005

TELL AL HE CAN STOP WEARING GARLIC:

Fuel Costs Drive Consumer Prices Slightly Higher in July (VIKAS BAJAJ, 8/16/05, NY times)

Consumer prices increased 0.5 percent in July after being unchanged in June, the Labor Department reported. But excluding food and energy prices, the core inflation rate was up just 0.1 percent in July, the same percentage increase as in June. Compared with July 2004, the consumer prices were up 3.2 percent and the core rate was up 2.1 percent.

Posted by Orrin Judd at August 16, 2005 7:50 PM
Comments

As usual for the past umpteen years, the misery index is safely in single-digits, just a tad above eight. That's the kind of number that gets Presidents reelected almost automatically, which you may have noticed has happened a couple times in the past decade.

Posted by: Casey Abell at August 17, 2005 10:37 AM
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