MESSAGE
| DATE | 2016-02-23 |
| FROM | Ruben Safir
|
| SUBJECT | Subject: [Hangout-NYLXS] Inflation Rate and the price of an Orange
|
Want to read bullshit?
US Inflation Rate at 15-Month High
Consumer prices in the United States went up 1.4 percent year-on-year in
January of 2016, following a 0.7 percent increase in the previous month.
The inflation rate accelerated for the fourth straight month, reaching
the highest since October of 2014 and beating market expectations of a
1.3 percent gain, driven by prices of rents, medical care and
transportation while energy cost fell at a slower pace. Core inflation
reached the highest in 4-1/2-years.
Year-on-year, upward pressure came from prices of services less energy
(3 percent compared to 2.9 percent in December), namely shelter (3.2
percent, the same as in December), medical care (3.3 percent from 2.9
percent in December) and transportation services (2.7 percent from 2.6
percent in December). Food inflation remained at 0.8 percent while
energy cost fell much less than in the previous month (-6.5 percent
compared to -12.6 percent).
Annual core inflation which excludes food and energy accelerated for the
third consecutive month to 2.2 percent, the highest figure since June of
2012.
On a monthly basis, consumer prices were flat as an increase in the
index for all items less food and energy offset a decline in energy. The
energy index fell 2.8 percent and the food one was unchanged in January.
The index for food away from home increased, but the food at home index
declined for the third consecutive month, as five of the six major
grocery store food group indexes decreased.
Excluding food and energy, consumer prices increased 0.3 percent in
January. The rise was broad-based, with most of the major components
rising, but increases in the indexes for shelter (+0.3 percent) and
medical care(+0.5 percent) were the largest contributors.
http://www.tradingeconomics.com/united-states/inflation-cpi
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The special on Oranges at big banana this week was 89 cents.
How does this president get away with this crap?
Reuvain
--
So many immigrant groups have swept through our town
that Brooklyn, like Atlantis, reaches mythological
proportions in the mind of the world - RI Safir 1998
http://www.mrbrklyn.com
DRM is THEFT - We are the STAKEHOLDERS - RI Safir 2002
http://www.nylxs.com - Leadership Development in Free Software
http://www2.mrbrklyn.com/resources - Unpublished Archive
http://www.coinhangout.com - coins!
http://www.brooklyn-living.com
Being so tracked is for FARM ANIMALS and and extermination camps,
but incompatible with living as a free human being. -RI Safir 2013
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