Rating the real cost of inflation

The fedaral government says that inflation is under control at 2% to 3% a year — with prices up 15 percent since 2002 — but some key prices have risen much faster, and critics charge that the government is undercounting the pace of inflation

By Dean Calbreath STAFF WRITER
September 30, 2007

If you're like the average American, when you fill your car up at the gas pump, you're paying 84 percent more than you were in 2000, for an average price rise of 12 percent per year, according to the latest data from the U.S. Bureau of Labor Statistics.

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