Prices rising? You bet

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CPIbasket1.jpgThe latest data from the Consumer Price Index, which represents the change in prices for everyday consumer goods like food, transportation and housing, rose .8 percent from June to July.

The bureau of labor statistics in the U.S. department of labor tracks the CPI, also known as inflation, which is a key indicator of economic health.

Compared to a year ago, the CPI is 5.6 percent higher nationwide, according to a story in the Boston Globe.

Have your paycheck or stocks risen that much? Ha!

1 Comments

Anonymous said:

I'm a teacher with LAUSD. We haven't gotten a raise in 2 years -- despite the state giving the district MULTI-MILLIONS last year designated expressly for that. Where did the $$$ go??? The school district is cheating its own employees out of desperately needed cost-of-living pay. Why is this not in the news? It's illegal and outrageous.

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About The Bargain Hunter


Daily News staff writer Julia Scott loves to find bargains on everything from groceries to Gucci. Her tips will help keep your hard earned cash where it belongs - in your pocket.
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This page contains a single entry by Julia Scott published on August 14, 2008 1:54 PM.

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