In October 2006 the annual inflation rate (CPI-U) was 1.31% and it was 50% higher at 1.97% in November. Yet on the same day the data was released Yahoo Financial News reported in an article entitled "Stocks Rise on Inflation Data"that Inflation was flat. Their exact words were "The Labor Department said consumer prices were flat in November rather than up 0.2 percent as analysts had expected. Core inflation, which excludes volatile food and energy costs, was also unchanged." How can a 50% increase in the inflation rate be considered "flat"? … [Read more...]