ePAROL - Economic News and Views

Inflation Rates are Climbing

"The JOC-ECRI Industrial Price Index jumped in July, rising to 130.17 from 128.18! That one-month gain of 1.6% in prices is a lot of inflation in one month! What is even more interesting, if you think that being eaten alive by inflation is 'interesting', is that the index is up from 108.95 a year ago at this time, which is an inflation rate of 19.5%!"
- The Mogambo Guru. Click HERE for the FULL Article

The rate of inflation is climbing... and has been. This is noted even in 2005 by the Economic Cycle research Institute (http://www.businesscycle.com).

posted by G @ 11:23 AM