Quote:
Originally Posted by PornoMonster
I am not sure what you are saying????
I don't think you know what your reading, but I could be wrong.
Average CPI for each year
Year - CPI
2000 - 172.2
2001 - 177.1
2002 - 179.9
2003 - 184
2004 - 188.9
2005 - 195.3
2006 - 201.6
2007 - 207.3
2008 - 215.3
2009 - 214.5
2010 - 218.1
2011 - Currently we are at 223.5 for March
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You're wrong. Look to the far right of the table and it shows the year over year rate of inflation in the Consumer Price Index (CPI).
Not only has inflation in the last two years been lower than the average of about 3.2%/year since 1913, we experienced deflation in 2009 (-0.4%). 2010 was +1.6%.
2011 is likely to be higher still, but Vendzilla said it had doubled which is simply wrong by orders of magnitude.