Friday, January 14, 2011

United States CPI inclined in December

Editors Note: As I predicted in my Decemberinflation will rear its ugly head. As shown below inflation increased almost 400% compared with November. This may be the start of a new round of high inflation.

United States CPI inclined in December
14 January 2011 @ 08:36 am EDT

United States Consumer Price Index rose in December by 0.5%, compared with the previous 0.1% and the expected 0.4%, meanwhile, on the yearly scale, the index rose by 1.5% compared with the previous 1.1% and the expected 1.3%.

As for the Core CPI, the index matched the previous reported estimate of 0.1% on the monthly scale, and 0.8% on the yearly scale, noting that market's expected the index to rise by 0.7% on the yearly scale.

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