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February 2013 - Volume 21, Number 1


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Consumer Price Index, Monthly Change


Over the last 12 months, the CPI, a measure of inflation, increased 1.7 percent before seasonal adjustment. The main increases were in food and shelter. Most importantly, five of the six major grocery store food groups increased. Gasoline declined, the only major index to do so. Natural gas and electricity both increased. The indexes for airline fares, tobacco, and medical care also increased, though the implementation of Obamacare was supposed to reduce medical care costs.


Source: U.S. Department of Labor, Bureau of Labor Statistics


IOWA ECONOMIC SCORECARD is our quarterly economic forecast, arriving in February, May, August,
and November. It consists of statistics about and analysis of the Iowa economy.


IOWA ECONOMIC SCORECARD is published by Public Interest Institute at Iowa Wesleyan College, a
nonpartisan, nonprofit, research and educational institute whose activities are supported by contributions from private individuals, corporations, companies, and foundations. The Institute does not accept government grants.


Contributions are tax-deductible under sections 501(c)(3) and 170 of the Internal Revenue Code.


Permission to reprint or copy in whole or part is granted, provided a version of this credit line is used: “Reprinted by permission from IOWA ECONOMIC SCORECARD, a quarterly newsletter of Public Interest Institute.” The views expressed in this publication are not necessarily those of Public Interest Institute. They are brought to you in the interest of a better-informed citizenry because IDEAS DO MATTER.




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