July 19, 2012

THAT HYPERINFLATION IS ALWAYS JUST AROUND THE CORNER...:

Inflation index is flat in June as energy prices drop (Tim Mullaney, 7/18/12, USA TODAY)

The consumer price index was unchanged for the month, the Labor Department reported this morning. That includes a 1.4% drop in the cost of energy and a 0.2% rise in food prices. The rest of the index, known as the core inflation rate, rose 0.2%. Core inflation for the last 12 months was 2.2%, the department said.

Posted by at July 19, 2012 5:29 AM
  

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