Review the following site and answer the following questions:
Http://stats.bls.gov/news.release/cpi.t01.htm
Question 1. The most recent annual inflation rate.
Question 2. Within the consumer price index data are the recent inflation rates for various types of purchases (ex: food, fuel, housing, etc.). Pick 3 separate types of purchases and record the unadjusted one year rate for each of them. (NOTE: "rate" refers to the percentage change over the past 12 months)
Question 3. Which single type of product has the greatest impact on you personally and how does that product's inflation rate compare to the overall average?
Question 4. Which single type of product has the greatest impact on your employer and how does that product's inflation rate compare to the overall average?