Inflation Alert: Consumer Prices Edging Up

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Prices on goods and services have hit 4 months in a row
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Consumer Price Index Shows Inflation on Many Items

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Consumer Price Index numbers were released Wednesday. Buried in the report were serious rises in year to date price increases. Here is list of price increases in the last 12 months:

Milk 8.7%
U.S. meat 13% (beef and veal prices up 18% and pork prices up 11.4%)
Butter 24%
Clothing 3.7%
Women’s Outerwear 11%
Children’s Footwear 7.8%
Prescription Drugs 3.8%
Lodging Away From Home 5%

Here is the complete article showing prices increases and decreases.