GasBuddy Blog

Message Forum - Read Message

Category: Daily News Article Discussions > Topics	Add to favorite topics

Author	Topic: Energy prices help ease consumer inflation	Post a Reply Back to Topics

angel4me Champion Author San Jose Posts:2,814 Points:793,045 Joined:Dec 2010	Message Posted: Apr 13, 2012 8:02:06 PM Ignore angel4me Report Abuse WASHINGTON - The cost of living increased at a slower pace in March as the run-up in energy prices eased, supporting the view of some Federal Reserve policy makers that inflation will ebb. The consumer price index climbed 0.3 percent, matching the median forecast of economists surveyed by Bloomberg News, after increasing 0.4 percent the prior month, Labor Department data showed Friday in Washington. The so-called core measure, which excludes more volatile food and energy costs, rose 0.2 percent. Companies may find it difficult to keep raising prices as 12.7 million Americans remain unemployed, almost twice the number at the end of the last expansion. Less inflation would give the Fed room to keep interest rates near zero to spur the economic recovery and boost employment. "Inflation is Visit StarTribune for full article

angel4me

Champion Author
San Jose

Posts:2,814
Points:793,045
Joined:Dec 2010

Message Posted: Apr 13, 2012 8:02:06 PM

Ignore angel4me Report Abuse

WASHINGTON - The cost of living increased at a slower pace in March as the run-up in energy prices eased, supporting the view of some Federal Reserve policy makers that inflation will ebb.

The consumer price index climbed 0.3 percent, matching the median forecast of economists surveyed by Bloomberg News, after increasing 0.4 percent the prior month, Labor Department data showed Friday in Washington. The so-called core measure, which excludes more volatile food and energy costs, rose 0.2 percent.

Companies may find it difficult to keep raising prices as 12.7 million Americans remain unemployed, almost twice the number at the end of the last expansion. Less inflation would give the Fed room to keep interest rates near zero to spur the economic recovery and boost employment.

"Inflation is
Visit StarTribune for full article

REPLIES (newest first)Ignore Short Messages

remay Champion Author Houston Posts:6,953 Points:2,115,440 Joined:May 2006	Message Posted: Apr 15, 2012 12:16:46 PM Ignore remay Report Abuse REALLY? I am not at ease!
dave27johnson Champion Author Chicago Posts:1,787 Points:406,700 Joined:Feb 2012	Message Posted: Apr 15, 2012 7:43:09 AM Ignore dave27johnson Report Abuse All this will sort out as the economy expands.
gawxnative All-Star Author Atlanta Posts:510 Points:229,865 Joined:Aug 2006	Message Posted: Apr 15, 2012 4:57:23 AM Ignore gawxnative Report Abuse Natural gas yes
jrs4125 Champion Author Indiana Posts:2,748 Points:589,795 Joined:Sep 2011	Message Posted: Apr 15, 2012 3:13:41 AM Ignore jrs4125 Report Abuse Up $1 a gallon in 2 months. Some people will believe anything.
KAR120CSII Champion Author Oregon Posts:3,167 Points:618,645 Joined:Apr 2010	Message Posted: Apr 14, 2012 2:33:18 PM Ignore KAR120CSII Report Abuse Right -- price controls are a good way to get us out of this mess -- try gas prices first and see what happens.
eric2theem Sophomore Author Riverside Posts:105 Points:30,155 Joined:Mar 2012	Message Posted: Apr 14, 2012 1:50:20 PM Ignore eric2theem Report Abuse i agree with rehorsehay.
Rehorsehay All-Star Author California Posts:871 Points:45,925 Joined:Feb 2012	Message Posted: Apr 14, 2012 12:24:00 PM Ignore Rehorsehay Report Abuse The price for everything needs to be frozen, like the working mans wages have been. The economists that figure this stuff out must get paid well and live in another planet.
BuckyTJones Champion Author Salt Lake City Posts:4,932 Points:967,950 Joined:Mar 2010	Message Posted: Apr 14, 2012 11:46:37 AM Ignore BuckyTJones Report Abuse More like, Help consumers into the poor house.
aquarinut Champion Author British Columbia Posts:1,628 Points:436,005 Joined:Jul 2011	Message Posted: Apr 14, 2012 8:12:50 AM Ignore aquarinut Report Abuse "The so-called core measure, which excludes more volatile food and energy costs, rose 0.2 percent" Of course food and energy is excluded, people would have a heart attack if those figures were included.
humblepie Champion Author Toledo Posts:34,128 Points:2,369,420 Joined:Mar 2006	Message Posted: Apr 14, 2012 6:13:31 AM Ignore humblepie Report Abuse what a load, sounds like an obama re-election speach anybody but obama 2012
scu227 Champion Author New Haven Posts:4,141 Points:769,930 Joined:Feb 2011	Message Posted: Apr 14, 2012 5:46:55 AM Ignore scu227 Report Abuse I don't know what bubble they live in, but my wallet keeps taking a hit especially on fuel for my car to get to work and back home, fuel to heat my house and food for my family. Have they been to the grocery store lately, their [rices are rising just as fast as gas prices.
gs7101 Champion Author San Antonio Posts:5,513 Points:387,470 Joined:Jun 2009	Message Posted: Apr 14, 2012 5:45:50 AM Ignore gs7101 Report Abuse Oh really!
dsaine Champion Author North Carolina Posts:2,987 Points:630,545 Joined:May 2011	Message Posted: Apr 14, 2012 4:56:50 AM Ignore dsaine Report Abuse Ok
FPLREP Champion Author Virginia Posts:8,251 Points:2,446,300 Joined:Oct 2005	Message Posted: Apr 14, 2012 4:24:26 AM Ignore FPLREP Report Abuse Doesn't seem accurate to what I am seeing.
WalRus49 Champion Author Boston Posts:4,065 Points:866,915 Joined:Nov 2010	Message Posted: Apr 14, 2012 2:41:52 AM Ignore WalRus49 Report Abuse Bunk!........
gandalfthegrey1 Champion Author Houston Posts:1,184 Points:384,785 Joined:Feb 2011	Message Posted: Apr 14, 2012 1:40:49 AM Ignore gandalfthegrey1 Report Abuse I don't know where inflation is easing. It's definitely not here.
wild3bill Champion Author New York Posts:2,546 Points:1,686,465 Joined:Nov 2005	Message Posted: Apr 14, 2012 12:30:37 AM Ignore wild3bill Report Abuse Lies Damed Lies Statistics Energy and food prices are not counted in this measure. If they were we would be havong 1970's inflation The effect of Ethanol boostig corn prices shows upo in Meat prices. Good thing March was still Lent!High Diesel prices will be a killer on Farmers' Spring plowing costs! They don't count the items that are most affected!
kitty1750 Champion Author Kitchener-Waterloo Posts:2,199 Points:470,675 Joined:Jun 2011	Message Posted: Apr 13, 2012 11:39:55 PM Ignore kitty1750 Report Abuse How do energy prices ease consumer flatulation?
anascom Champion Author Hamilton Posts:1,593 Points:553,115 Joined:Feb 2011	Message Posted: Apr 13, 2012 10:00:03 PM Ignore anascom Report Abuse ok
JohnofGB Champion Author Flint Posts:5,411 Points:1,094,245 Joined:Feb 2010	Message Posted: Apr 13, 2012 9:28:55 PM Ignore JohnofGB Report Abuse It will not last. Greed will take over again soon.
esq262 Champion Author Asheville Posts:2,887 Points:646,315 Joined:Jul 2011	Message Posted: Apr 13, 2012 8:23:08 PM Ignore esq262 Report Abuse I am not sure what energy prices this survey was looking at.
asog75 All-Star Author Indiana Posts:836 Points:278,405 Joined:Aug 2011	Message Posted: Apr 13, 2012 8:16:22 PM Ignore asog75 Report Abuse did they take this survey in the U.S.!!!