2007 inflation up by largest amount in 17 years

Food and energy costs spur increase; industrial production stalls

WASHINGTON – Higher costs for energy and food last year pushed inflation up by the largest amount in 17 years, even though prices generally remained tame outside of those two areas. Meanwhile, industrial output was flat in December, more evidence of a significant slowdown in the economy.

Click the following link to read full story:  http://www.msnbc.msn.com/id/22681319/

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