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Consumer prices rise sharply in February
Market Watch ^ | March 16, 2012 | Jeffry Bartash

Posted on 03/16/2012 6:14:24 AM PDT by MulberryDraw

Cost of gas jumps 6% to mark biggest increase in over two years

The consumer price index jumped 0.4% last month on a seasonally adjusted basis, the Labor Department said Friday. That was slightly below the 0.5% increase forecast by a MarketWatch survey of economists.

The higher cost of consumption last month easily outstripped a 0.1% gain in hourly pay for U.S. workers. As a result, inflation-adjusted earnings fell 0.3% in February to mark the second straight decline.

[snip]

Over the past 12 months, consumer prices have risen an unadjusted 2.9%, unchanged from January.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; Politics/Elections
KEYWORDS: economy; inflation
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To: John W

What you have to understand about Marxists is that they believe their end goal of complete utopia is worth

ANY

and I do mean ANY means necessary, including genocide of all who oppose them.


21 posted on 03/16/2012 7:36:04 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: MulberryDraw
However, over the past 12 months food cost has risen 3.9%.

Only 3.9% over an entire year, huh? If you grocery shop, you know this is absolute, utter BS.

22 posted on 03/16/2012 7:44:18 AM PDT by Right Brother
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To: Mr. Jeeves

If you want a big screen TV and don’t care about it being high-def, you can find at least five for free on every trash day.

Not like my eyesight is moving towards higher def anyhow.


23 posted on 03/16/2012 8:14:43 AM PDT by Buckeye McFrog
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To: MulberryDraw

My opinion: prices have doubled since O took office. But my income has stayed the same. No wonder I’m getting in debt.


24 posted on 03/16/2012 8:21:23 AM PDT by ncpatriot
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To: MulberryDraw
The CPI unencumbered by such enhancements as hedonics, the substitution effect, owner's rent equivalence, intervention analysis, geometric weighting, chained dollars, and removal of core inflation components etc.:


25 posted on 03/16/2012 8:56:30 AM PDT by khelus
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To: Lazamataz; Danae

Info


26 posted on 03/16/2012 12:25:00 PM PDT by Lazamataz ("We beat the Soviet Union, then we became them." -- Lazamataz, 2005)
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To: Lazamataz

Pings noted.


27 posted on 03/16/2012 12:42:19 PM PDT by Danae (Anail nathrach, ortha bhais is beatha, do cheal deanaimh)
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To: Danae

Just as long as you never ask me, “Is your ping in yet?”


28 posted on 03/16/2012 12:43:54 PM PDT by Lazamataz ("We beat the Soviet Union, then we became them." -- Lazamataz, 2005)
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To: MulberryDraw
Tell me about it.

My weekly case of Triple-Stage-Bomb ice pops...up. My Extra-Strength hydrochloric acid XtraCoarse Forest-Leg-hair Nair...up. My Triple Thick Rosie O'Donnell-approved Lard-enhanced Moon Pies...up. My kitchen rat traps...up. My Sexy Girl honey-flavored Extra-quick-acting Anti-Fungal Toenail Balm...up. My Teen Beats...up. My kichy cat-treat flavored hot dogs I get at the Dog Track...up. My Missy Descrete under-arm Natural Sponge B.O. Absorbers...up. My headgear rubberbands...up. My hunk-man-sweat flavored Stoli...up. Everything...up. Maddening. ;-)

29 posted on 03/16/2012 1:16:17 PM PDT by Miss Behave (All ways, always.)
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To: Lazamataz

(cocks head sideways kinda funny)

Mmmmm? What was that???? Was that a Ping? Really?!?

LMAO


30 posted on 03/16/2012 2:40:57 PM PDT by Danae (Anail nathrach, ortha bhais is beatha, do cheal deanaimh)
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To: Danae

Nice job. You have managed to work two memes into that while answering my meme. :)

Expect a call in the next hour or two if you can take it.


31 posted on 03/16/2012 3:55:25 PM PDT by Lazamataz ("We beat the Soviet Union, then we became them." -- Lazamataz, 2005)
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