Core Inflation at 44-Year Low

Today’s consumer inflation report showed that year-over-year core inflation (which excludes food and energy prices) reached a 44-year low. Over the past 12 months, core prices rose by just 0.92%.

This report also broke a string of 171 straight months where the core CPI came in between 1% and 3%.

Posted by Eddy Elfenbein on May 19th, 2010 at 12:12 pm

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