U.S. Inflation at 25-year High

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00011572-us-inflation-at-25-year-high/

By Rex Nutting, MarketWatch

U.S. consumer inflation surged at the fastest pace in more than 25 years in September, rising a bigger-than-expected 1.2%, the Labor Department said Friday.

A record 12% rise in energy prices fueled the historic jump in consumer price index, but core inflation – which excludes food and energy – increased just 0.1%.

Energy goods and services accounted for more than 90% of the increase in the CPI.

For this complete story, please visit U.S. Inflation at 25-year High.

U.S. Inflation at 25-year High

Unknown Author

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