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Yesterday's inflation report was hiding some terrible news
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Thursday, September 15, 2011
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From Economic Policy Journal:

The Producer Price Index for finished goods was unchanged in August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today.

The unchanged number was largely the result of a decline (likely short term) in energy prices. However, deeper into the numbers, there's great concern at a very basic level that food prices are skyrocketing.

The index for finished consumer foods jumped...

Read full article...

More on inflation:

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Topics: Inflation | Agriculture | Commodities
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