Articles About Producer Price Indexes
- Author:
- James I. Clark III
- Posted:
- 09.21.2011
Stagflation Rears Its Ugly Head
The Consumer Price Index (CPI) climbed by 0.5 percent in July, according to a Labor Department report. That came after a decrease of 0.2 percent the previous month. Rising inflation cuts consumers’ buying power. Average pay, when adjusted for inflation, fell in July and has declined by 1.3 percent in the last year. Over the […]