Wednesday, July 21, 2010

Lowest 10-Year Inflation Rate in Forty Years...

...at least according to the government.  In last Friday's release of the CPI, the ten-year change in consumer prices dropped to its lowest level in over forty years.  Over the last ten years the CPI has risen 25.97%.  The chart below shows the rolling ten-year change in the CPI.  Not since June 1969 has the ten-year rate of change been this low.

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