Rising Fuel Prices Push CPI to Highest Gain in Four Months

Friday, February 17th, 2012 and is filed under News

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Although the monthly increase was modest, the year-over-year CPI increased 2.9%.  That is unacceptable given how slowly the economy is growing.  Moreover, the increases were, once again, actualized in the food and energy sectors.  Those are the industries that are most heavily regulated and negatively effected by government interventions.