Consumer Price Index Gets Us Hot

It may be hard to sleep tonight, tomorrow the Feds release the Consumer Price Index (C.P.I.) at 8:30 am EST. We’ll post the results on The Consumerist but you can also hit refresh over here.

Pictured is Secretary of Labor, Elaine L. Chao, who is likewise reportedly, “totally stoked to be dropping mad economic science on the streets.”

Bloomberg estimates a .5% increase in the C.P.I., which measures urban price changes in a core “basket” of goods: Housing 42%; Food 18%; Transportation 17%; Medical Care 6%; Apparel 6%; Entertainment 4%; Other 7%.

Here’s hoping your wages got at least .5% increase this year, too. Salut, oh C.P.I, you indefatigable bastard.