Secret Walmart Survey Shows Inflation Already Here at CNBC.com reports that a pricing survey shows an annualized inflation rate of 4% for the goods evaluated. This survey is probably no surprise to the average American who purchases these items.
After absorbing increases the past two years, it seems more manufacturers are willing to pass along raw material cost increases to consumers. I've already seen price increases for several items I regularly purchase.
Interestingly, the CPI index and bond interest rates still show little to no sign of inflation. Hopefully, the return of inflation seen at Walmart will soon be reflected in those areas soon.
For more on Reflections and Musings, check back every Saturday for a new segment.
This is not financial advice. Please consult a professional advisor.
Copyright © 2010 Achievement Catalyst, LLC
Subscribe to My Wealth Builder
November Goals Update
2 weeks ago
No comments:
Post a Comment