Saturday, July 14, 2007

Iran Inflates

Iran could well be a self-correcting problem if we'll just stay out of it.

The Daily Dish: "The inflation rate just surged, and unrest is brewing:

The CPI surged by 16.1 percent in the month from May 22 to June 22 from the same month of this year, giving an annual inflation rate of 14.2 percent, it said..."

1 comment:

the rube said...

those crude iranians don't know how to massage the numbers by seasonally adjusting or isolating the core components.

did the producer price index foretell the rise in the consumer price index?