Official Inflation Measure Shows Strongest Climb in More Than Three Years

“U.S. consumer prices rose 0.7% in February for the largest gain since June 2009. Gasoline prices rose 9.1%, also making the largest jump since June 2009. The indexes for electricity, natural gas, and fuel oil also increased, leading to a 5.4 percent rise in the energy index.  Among major grocery store food group indexes, the fruits and vegetables index rose 1.4 percent, with both the fresh fruits and fresh vegetables indexes increasing 1.8 percent. The index for meats, poultry, fish, and eggs also rose in February, increasing 0.5 percent.”

http://www.economicpolicyjournal.com/2013/03/cpi-shows-strongest-climb-in-more-than.html

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