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05.14.2008 11:19 am

Fun with numbers, or how up equals down in gasoline prices

St. Louis Post-Dispatch

Anyone who’s filled up their tank recently may have trouble believing the latest Consumer Price Index report from the Labor Department. It says:

In April,  the index for petroleum-based energy fell 1.6 percent, offsetting a 2.5  percent increase in the…

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07.11.2007 9:11 am

Fuel-to-food inflation has plenty of pop

St. Louis Post-Dispatch

Our nation’s politically motivated fixation with ethanol has led to tortilla riots in Mexico and helped push up the price of beer.  Now, it’s inflating the cost of moviegoers’ favorite snack food. A Reuters story says popcorn prices are up 40 percent…

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03.27.2007 5:38 pm

Watch out for construction inflation

St. Louis Post-Dispatch

While the Consumer Price Index is rising roughly 2.5 percent  a year,   construction companies are facing an inflation rate more than twice that high. It’s likely to remain there for the forseeable future, says Ken Simonson, chief economist at…

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