Inflation and Prices
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.