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Inflation in the Southeastern United States

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How is inflation today in the United States? In the Southeastern United States? How is inflation measured?

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Solution Summary

The solution discusses the inflation in United States specifically in the Southeastern United States. The solution also includes a formula on how inflation is measured.

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The Consumer Price Index for the United States economy came in at 227.663 for the month of February 2012. The inflation rate year over year was 2.8711% (compared to 2.9252% for the previous month). Inflation from January 2012 to February 2012 was 0.4403%.

Current USA Inflation Rate

February 2012
2.8711%

Previous Inflation Rate
January 2012
2.9252%

Source: USA - Current Inflation Rate. Accessed on March 24, 2012 from http://www.rateinflation.com/inflation-rate/usa-inflation-rate.php.

The southeastern United States are Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia.

The Consumer Price Index for All Urban Consumers (CPI-U) for the South increased 0.6 percent in February, the U.S. Bureau of Labor Statistics reported today. Sheila Watkins, the ...

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