Replies to post #20 on STLLR Gold Inc (ME)

[NYBob]

Inflation up by largest amount in 17 years -
January 16, 2008 - 9:16 PM
Last Update: 8:16 pm

WASHINGTON (AP) - Higher costs for energy and food in 2007
have pushed inflation up by the largest amount in 17 years.

Consumer prices rose by 4.1 percent for all of last year.
That's up sharply from a 2.5 percent increase in 2006.
Prices for both energy and food shot up by the largest
amount since 1990.

But outside of food and energy, inflation was more moderate.
The so-called core rate rose by 2.4 percent for all of 2007,
down slightly from a 2.6 percent increase in 2006.

For December, the Consumer Price Index rose by three-tenths
of a percent.
With food and energy excluded, it was up two-tenths
of a percent.

The Federal Reserve is closely watching to see whether
the jump in food and energy becomes more widespread
and starts pushing core inflation higher.

God Bless

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