Consumer Price Index – October 2009

20 11 2009

Yesterday the US Department of Labor – Bureau of Labor Statistics released the October report on the US Consumer Price Index (CPI).  Not all that surprisingly, the number rose .27% following last months .17% growth.  This marks the six straight month of growth in the CPI and that the Index is returning to the trend line prior to the October disruption.

In the chart below are two parallel lines marking a rough trend of the CPI.  It appears as if the steady growth rate is returning.  This is at least an indication that the economy is stabilizing.

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