Overall inflation for the past year was 1.1%, with the “core” rate at 0.8% taking out the more volatile food and energy sectors, according to the Consumer Price Index released Dec. 15 by the U.S. Bureau of Labor Statistics. The Federal Reserve target for annual core inflation is 1.6% to 2%.
The medical care index grew by 3.2%, with the price paid for related commodities going up by 2.7%.” Read more.
“Medical Inflation Higher Than Other Economic Sectors”
Victoria Stagg Elliot
Amednews.com, December 28, 2010.
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