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kach22i kach22i is offline
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Join Date: Mar 2004
Location: Michigan
Posts: 54,051
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Inflation - It's back

http://news.yahoo.com/s/ap/20051018/ap_on_bi_ge/economy;_ylt=AnA3ZqU8peBLDN0dutK6BMes0NUE;_ylu=X3o DMTA3b2NibDltBHNlYwM3MTY-
Quote:
WASHINGTON - Inflation at the wholesale level last month soared by the largest amount in more than 15 years, reflecting the surge in energy prices that occurred following the Gulf Coast hurricanes..........................The price of food shot up 1.4 percent last month, reflecting a record 49.3 percent increase in egg prices. Vegetable prices rose by 16 percent, reflecting big increases for snap beans, tomatoes, cabbage, potatoes and broccoli.............................The PPI showed inflation pressures showing up at earlier stages of production. The price of intermediate goods rose by 2.5 percent, the biggest increase in 31 years, while the price of crude goods jumped 10.2 percent, the biggest increase in more than two years.
I need a plan to get me through this.

Any ideas?
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Old 10-18-2005, 11:00 AM
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