A Long-Term Look At Inflation
Doug Short | Jul 17, 2013 02:30AM ET
The July 2013 Consumer Price Index for Urban Consumers (CPI-U) released yesterday puts the June year-over-year inflation rate at 1.75%, dramatically below the 3.91% average since the end of the Second World War and 0.68% lower than its 10-year moving average.
For a comparison of headline inflation with core inflation, which is based on the CPI excluding food and energy, see this US Daily Index .
For a long-term look at the impact of inflation on the purchasing power of the dollar, check out this log-scale snapshot of fourteen-plus decades.
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