http://money.cnn.com/2013/02/21/news/economy/cpi-inflation/index.html?iid=SF_E_River
It was said in the article that CPI (Consumer Price Index) showed prices were unchanged for the second month in a row in January, according to the Bureau of Labor Statistics.With inflation rate being under 2% a year, it's considered subdued and not a threat to the broader economy. And with rising gas prices, the inflation rate is expected to increase in the next couple of months.
2 comments:
I’m not quite sure what you are saying here. On one hand, you say that inflation is under control and remaining fairly constant; but on the other, you are saying that inflation is set to rise.
What I'm saying is the inflation is currently low as of January but considering rising gas prices, it is predicted to increase in the subsequent months.
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