2007-05-28 04:04:05 · 3 answers · asked by Peggy Pirate 6 in Social Science ➔ Economics
I have been hearing the inflation rate "not including food and energy" has been rather low compared to the 70's. The last few years it has been somewhere around the 4% area. My question is: what is it really? everything seems alot more expensive recently. And companies think we are stupid. Notice how packages are getting smaller for the same price? Sugar are now in 4 pound bags. Make chocolate chip cookies lately? Recipes call for a 12 ounce bag. Stores sell 10.4 oz. bags now.
Maybe they see how large our waists are growing and are trying to help. Bottom line - we are being charged more for everything but economists say "inflation is low." They are only kidding themselves in my opinion.
Sincerely,
Len N
2007-05-28 05:07:38 · answer #1 · answered by Len N 1 · 0⤊ 1⤋
For year ending Jan 1
2000 3.436
2001 1.604
2002 2.480
2003 1.870
2004 3.294
2005 3.398
2006 2.528
2007 3.990
Current Inflation Rate
2.57%
2007-05-28 15:08:38 · answer #2 · answered by meg 7 · 0⤊ 0⤋
Too much.
2007-05-28 04:14:18 · answer #3 · answered by Old Gregg 3 · 0⤊ 1⤋