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Inflation and Prices

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Consumer price inflation in December had a familiar look, matching the 2.1% annualized pace registered for the entire October–December period. This rate of price-level growth is well below the 3.4% advance for the year as a whole and is, in fact, somewhat lower than the trend for the past five years.

Suggested citation: "Inflation and Prices," Federal Reserve Bank of Cleveland, Economic Trends, no. 01-02, pp. 02-03, 02.01.2001.

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