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The jump in the Consumer Price Index (CPI) we saw in February was bad news. The overall CPI rose by 0.8 percent for the month, while the core rate increased 0.5 percent. This brought the year-over-year inflation rate to 7.9 percent overall and 6.4 percent in the core. However, the report was disappointing even beyond More
The post More Bad News on Inflation appeared first on CounterPunch.org.
This content originally appeared on CounterPunch.org and was authored by Dean Baker.