The Consumer Price Index came out today (the report on inflation). It said that there was zero inflation in the past month. Does that sound right to you?
One thing I found interesting in the report was energy, which is "down" 3.8% over last year.
Oh yeah, that's "down" from the post Katrina period. Wonder how prices compare to eighteen months ago? Silly me to ask such questions. I guess as I pay $2.55/gal. for gasoline, I'm supposed to have "adapted" by now. Perhaps I'm not adaptive enough?
I wonder what the CPI would have been without that "reduction" in energy prices?