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Citigroup Inc. Message Board

  • cchaker cchaker Feb 21, 2013 12:55 PM Flag

    Inflation Rate Is Down, Core Measures Hold Steady

    Although critics of the federal government’s stimulus plan were concerned about the what effect the fallout would have on inflation, it seems that the bark has been worse than the bite. Based on the consumer price index, or C.P.I., the rate of inflation fell from 1.7 percent in January 2012 to 1.6 percent in January 2013. The annual core inflation, which is the consumer price index minus food and energy, held steady at 1.9 percent. The C.P.I was flat on a month-to-month basis.

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