Wednesday, November 4, 2009

CPI Data and Inflation


















The above is the CPI data as through August. The recovery in terms of increasing CPI is evident. It has now been consistently increasing and doing so at an annualized rate of 2.5%. The concern is that this could increase as a rapid rate since the swing around is itself so fast.

The second fact to note is that the CPI is now back to where it was in April 2008 and seems to be tracking on a growth pattern in a similar fashion. This will be tracked as we go through the Christmas shopping season.