A Look at Inflation Specifics Over the Past 5 Months
February 19, 2012 By Leave a Comment
[B][/B][B]Core CPI [continues to rise, remaining] above the Fed’s inflation target of 2%. [That being said,] how inflation is impacting our personal expenses depends on our relative exposure to the individual components. [Let's take a look at the specifics.] [/B]Words: 291
So says Doug Short ([url]www.advisorperspectives.com[/url]) in edited excerpts from his original article* which Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!), has further edited below for length and clarity*- see*Editor’s Note below. (This paragraph must be included in any article re-posting to avoid copyright infringement.)
Short*goes on to say, in part:
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The Trends in Headline and Core CPI
The chart below shows Headline and Core CPI for urban consumers since 2007. Core CPI excludes the two most volatile components, food and energy.
Click for a larger image
Core CPI has been on the rise and has now risen above the Fed’s inflation target of 2%....