Last month's figures weren't the runaway disaster many had feared, but that only shows how rough things have become, as the U.S. economy deals with the twin problems of inflation and a slowdown. (See: "CPI Shows Inflation Is Still Chugging") In particular, energy prices have spiked by 15.9% over the past year, and food prices have gone up an eye-opening 5.1%.
FORBES: CPI Looks A Bit More Manageable