Bending the Third Rail
Because We Should, We Can, We Do
Friday, December 15, 2006
CPI
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.

Huh?

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?