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MinnEcon Blog

Consumer price inflation

Consumer price inflation

From chief economics correspondent Chris Farrell Government statisticians said today that consumer price inflation remains tame. The Consumer Price Index (CPI) is up a mere 1.1 percent over the past 12 months ending in August. The so-called core rate of inflation–the CPI minus volatile food and energy–has risen a 0.9 percent over the same time…

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Insight into a grim housing market

Insight into a grim housing market

From chief economics correspondent Chris Farrell The news on the housing market is grim. To get another read on the market, I decided to look at what Morris Davis, professor of real estate and urban land economics at the Wisconsin School of Business at the University of Wisconsin, Madison, is writing. He does some of…

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