Economy - Economics USA

Inflation rate was highest its been in 5 years for 2005

1-20-2006 • Associated Press

Consumer prices rose by 3.4 percent in 2005 with 40 percent of the increase blamed on the biggest jump in energy costs since 1990. Energy was up 17.1 percent this past year, reflecting gasoline prices that for a time soared above $3 a gallon and crud