Consumer Prices UP 5%
The Labor Department reported that, due to higher energy and food costs, consumer prices in the U.S. rose 0.5 percent in February after gains of 0.4 percent in December and January, an annualized rate of more than 5 percent over the last three months.
From a year ago, overall consumer prices are up 2.1 percent, however, this includes several months of flat or falling prices in early-2010, a trend that abruptly reversed last summer.
While the one-year inflation rate is now the highest since April of last year, the last three months have seen the sharpest increase in consumer prices since mid-2008, just prior to the financial crisis, as indicated in the chart above.
By category, it was the familiar story of surging energy costs, rising food prices, and modest increases elsewhere. Gasoline prices rose 4.7 percent in February and were 19.2 percent higher from a year ago while the cost of fuel oil rose 4.1 percent last month, up 17.9 percent from this time last year. Food prices rose 0.6 percent last month and are now 2.3 percent higher on a year-over-year basis.
Offsetting broad price increases were price declines for apparel and personal computers, down 0.9 percent and 0.5 percent last month, respectively.
Core inflation (excluding food and energy) came in at 0.2 percent in February, up 1.1 percent from a year ago, and should provide adequate cover for the Federal Reserve to continue its easy money policies, regardless of the actual cost of living experienced by most Americans that, unfortunately, includes food and energy.
6 MONTHS OF TRADING ALERTS—–75% SAVINGS, AND… 100% MONEY BACK GUARANTEE ***SIGN UP HERE RISK FREE
Keep on reading: Stock Market News
Read more at Stock Market Newz
Source:
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Humic & Fulvic Liquid Trace Mineral Complex
HerbAnomic’s Humic and Fulvic Liquid Trace Mineral Complex is a revolutionary New Humic and Fulvic Acid Complex designed to support your body at the cellular level. Our product has been thoroughly tested by an ISO/IEC Certified Lab for toxins and Heavy metals as well as for trace mineral content. We KNOW we have NO lead, arsenic, mercury, aluminum etc. in our Formula. This Humic & Fulvic Liquid Trace Mineral complex has high trace levels of naturally occurring Humic and Fulvic Acids as well as high trace levels of Zinc, Iron, Magnesium, Molybdenum, Potassium and more. There is a wide range of up to 70 trace minerals which occur naturally in our Complex at varying levels. We Choose to list the 8 substances which occur in higher trace levels on our supplement panel. We don’t claim a high number of minerals as other Humic and Fulvic Supplements do and leave you to guess which elements you’ll be getting. Order Your Humic Fulvic for Your Family by Clicking on this Link , or the Banner Below.
Our Formula is an exceptional value compared to other Humic Fulvic Minerals because...
It’s OXYGENATED
It Always Tests at 9.5+ pH
Preservative and Chemical Free
Allergen Free
Comes From a Pure, Unpolluted, Organic Source
Is an Excellent Source for Trace Minerals
Is From Whole, Prehisoric Plant Based Origin Material With Ionic Minerals and Constituents
Highly Conductive/Full of Extra Electrons
Is a Full Spectrum Complex
Our Humic and Fulvic Liquid Trace Mineral Complex has Minerals, Amino Acids, Poly Electrolytes, Phytochemicals, Polyphenols, Bioflavonoids and Trace Vitamins included with the Humic and Fulvic Acid. Our Source material is high in these constituents, where other manufacturers use inferior materials.
Try Our Humic and Fulvic Liquid Trace Mineral Complex today. Order Yours Today by Following This Link.