Inflation at lowest level since 1957





NEW YORK (CNNMoney.com) -- Consumer prices for everything other than food and energy are rising, but at a rate so sluggish, it's the smallest price increase on record, the government said Wednesday.

The Consumer Price Index, a key measure of inflation, increased 1.2% over the past 12 months ending in October, the Bureau of Labor Statistics said.

But after stripping out volatile food and energy prices, the more closely watched core CPI rose 0.6% on an annual basis -- the smallest price increase since the government started recording the data in 1957....



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Paul Turman - 11/22/2010

I forgot to add that inflation is soaring for food and going up on energy with the fall of the dollar.


Paul Turman - 11/22/2010

I only have enough money to buy food and energy. The same goes with 98% of the other Americans. That is why inflation is low for all the other stuff. Nobody can afford to buy anything after food and energy.

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