Core Inflation Rising at Fastest Pace in 11 Years

Published on:
8 December 2006 at 06:33 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00010117-core-inflation-rising-at-fastest-pace-in-/

The U.S. Commerce Department reported today that consumer prices in the month of August rose 0.2%. Core consumer prices, which exclude food and energy, also rose 0.2%.

Consumer prices are up 3.2% in the past year, and the core personal consumption expenditure price index — the key inflation gauge followed by the Federal Reserve — has gained 2.5% in the past 12 months, the most since January 1995.

Core Inflation Rising at Fastest Pace in 11 Years

Unknown Author

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