Inflation Comes to Wal-Mart: Prices are up From a Year Ago

Filed in economy, Federal Reserve, inflation, jp morgan, Spot Gold by on October 1, 2010 0 Comments

Filed under: Consumer Experience , Wal-Mart (WMT) , Economic Data The Federal Reserve keeps telling us that inflation is too low. That’s true if you use the core index, which excludes food and energy prices. But most of our income is spent on these two sectors. Take Wal-Mart ( WMT ). Prices at the world’s largest retailer rose the the highest level in 21 months, JP Morgan found, according to Bloomberg . A basket of 31 items at Wal-mart increased 5% so far this year and 2.7% in September. Seven of the items had price increases of 10% or higher since August. Continue reading Inflation Comes to Wal-Mart: Prices are up From a Year Ago Inflation Comes to Wal-Mart: Prices are up From a Year Ago originally appeared on BloggingStocks on Fri, 01 Oct 2010 08:30:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

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Inflation Comes to Wal-Mart: Prices are up From a Year Ago

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