Written by Moose

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Topics: Economy, inflation

Friday, 10 January 2014

image for US Inflation Rate Hits All-Time Low But Prices Continue to Rise

WASHINGTON, DC - US Bureau of Labor Statistics spokesman, Ben Dover, today announced that the US inflation rate has hit an all time low of .000137 percent.

The Bureau of Labor Statistics (BLS) uses the Consumer Price Index (CPI) to determine the Public Gullibility Factor (PGF). The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid for a fictitious market basket of consumer goods and services that is arbitrarily determined by the Bureau of Statistics (BS).

BLS publishes millions of other consumer price indexes. The one used to determine the inflation rate does not include energy and food prices, since including those prices would result in factual information, and that would not be good for the public's well-being.

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