Archive for the 'inflation' Category
Good Thing I Don’t Eat Food Or Use Fuel For Anything
Posted on July 16, 2008 by andrew- Filed Under economy, inflation | Leave a Comment
The latest inflation news is not so good:
Prices paid by U.S. consumers jumped in June by the most since 1982 on spiraling costs for fuel and food, intensifying the pressure on households struggling with falling home prices and the credit crunch.
The cost of living soared 1.1 percent, more than forecast, after a 0.6 percent gain [...]
Ugly News From The Economy
Posted on April 15, 2008 by andrew- Filed Under economy, inflation | Leave a Comment
I’m no expert or anything, but the new inflation numbers sound rather not good:
Inflation at the wholesale level soared in March at nearly triple the rate expected as the costs of energy and food both climbed rapidly.
The Labor Department reported Tuesday that wholesale prices rose 1.1% last month. That was the second biggest increase in [...]
