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Trends in the Consumer Price Index

Trends in the Consumer Price Index

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Consumers saw prices for medical care continue to rise at a moderate rate of 2.5% on an annualized basis during the first eight months of 2008, considerably less than the 4.4% for 2007. Although as I write this, several more months remain in 2008, the year is shaping up to have one of the lowest medical care inflation rates in recent memory.