CPI Goes Higher on Food, Energy, Transportation, Medical, Tuition & Books, Restaurants, Alcohol, Rent, etc.

Friday, June 13, 2008 | 10:05 AM

If you are purchaser of computers, women's clothing, or household furnishings, well then I have some good news for you: Everything is on sale, and prices are falling!

However, if you regularly buy Fuel, use transportation, need hospital services, education, books, eat food at home, pay tuition, require medical care, eat out, drink booze, or pay rent, well, sorry: Everything is costing you more.

Even if you back out food & energy -- inflation ex-inflation -- we still have rising prices, and elevated inflation expectations.

This leaves the Fed painted into a corner -- the weak dollar, caused in large part by low rates, is adding to inflation. But the recession and the credit crunch are preventing the Fed from appreciably raising rates. 

Here's your cost increase picture, measured year over year:


click for bigger graphs


Sector Breakdown


Thanks, Jake!

Friday, June 13, 2008 | 10:05 AM | Permalink | Comments (23) | TrackBack (0)
de.li.cious add to de.li.cious | digg digg this! | technorati add to technorati | email email this post



TrackBack URL for this entry:

Listed below are links to weblogs that reference CPI Goes Higher on Food, Energy, Transportation, Medical, Tuition & Books, Restaurants, Alcohol, Rent, etc.:


one wonders about that computer number. the whole geometric substitution thing is a load of crap. yeah, i'm getting twice the power, but if a 'middle of the road' computer costs two hundred more this year than last, how is that not inflation?

but hey, you have to have some sunshine amidst all the rain.

dont forget consumer sentiment!

Posted by: jhunt | Jun 13, 2008 10:15:34 AM

The comments to this entry are closed.

Recent Posts

December 2008
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      


Complete Archives List



Category Cloud

On the Nightstand

On the Nightstand

 Subscribe in a reader

Get The Big Picture!
Enter your email address:

Read our privacy policy

Essays & Effluvia

The Apprenticed Investor

Apprenticed Investor

About Me

About Me
email me

Favorite Posts

Tools and Feeds

AddThis Social Bookmark Button

Add to Google Reader or Homepage

Subscribe to The Big Picture

Powered by FeedBurner

Add to Technorati Favorites


My Wishlist

Worth Perusing

Worth Perusing

mp3s Spinning

MP3s Spinning

My Photo



Odds & Ends

Site by Moxie Design Studios™