Economy

Inflation: Primary Articles at 15.2%

Sep 04, 2010

We continue the “Scary Revisions” series of Primary articles inflation (mainly food). Data for 21 Aug 2010 showed the primary articles inflation at 15.19%.

As usual, the revision of 26 June data pushed inflation then to 17.11%, up from the 16.08% reported. The upward revisions better stop here, otherwise we’ll see something dramatic.

Posts on Inflation:

Aug 27, 2010: Food Inflation at 14.75%, Scary Revisions of 2%+
Aug 16, 2010: June Monthly WPI at 262.5, Inflation at 9.97%
Aug 3, 2010: Deflation is Really Bad: Or, What Is Krugman On?
(More on Inflation)

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