, Columnist
Why to Keep Your Inflation Anxiety in Check
Yes, prices are rising faster, but all signs suggest it won’t amount to much.
Does this look like a guy who would let inflation put one over on him?
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
For those feeling the vague pangs of inflation anxiety — nothing special, just the plain-old-run-of-the-mill cost of living price increases — this one is for you.
This week’s Consumer Price Index Summary showed signs that rent, health care, but most of all energy prices are rising. Year-over-year, the index increased by 2.8 percent, the fastest pace in six years as the following chart shows: