No Inflation—Really? The government (Bureau of Labor Statistics – BLS) reports consumer price changes every month for a basket of goods and services. The goal of this section of the website is to comment on the most recent month’s report. The headline CPI rate reported for January 2011 was 1.63% (year-over-year change). Most experts describe this level of inflation as being tame, or virtually non-existent. However, the overall headline rate can mask some important details. Here is … [Read more...]