“According to the Bureau of Labor Statistics, producer prices for finished goods moved up just 1.4 percent for the 12 months ended in August, the smallest advance since a 0.5-percent rise in April 2013. According to the BLS release, over the past 12 months, at the producer level: Fresh and dry vegetables are up 47.1%. The price of chickens is up 6.2%. Residential gasoline is up 7.7%. Soaps and detergents are up 6.6%. Footwear is up 4.9%. Processed eggs are up 10.3%. Milk is up 6.7%. So if you don’t eat, wear shoes or wash, there is hardly any price inflation.”
http://www.economicpolicyjournal.com/2013/09/heres-why-you-think-price-inflation-is.html
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