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The curved solid lines indicate inflation, whereas the curved dashed lines represent compression.
This growth was fueled by strong consumer and government spending, two factors that may indicate inflation is finally setting in.
In addition, they say that other recent figures released by the government indicate inflation remains largely in check.
Unemployment figures released this morning that indicate inflation may not yet be on the horizon failed to calm investors fears of an interest rate hike.
Similar(54)
The lower reading on core prices indicates inflation is not breaking out.
This has recently been growing by more than 10% a year, at times breaching 20%.Economists can argue each other to a standstill over how precisely money indicates inflation.
Among the day's economic data, consumer prices fell in November for the first time in six months, indicating inflation pressures were muted.
The lower panel shows distance between two GPS stations on either side of the summit caldera, with increasing values indicating inflation and decreasing values indicating deflation.
The lower panel shows distance between two GPS stations on either side of the crater, with increasing values indicating inflation and decreasing values indicating deflation.
However, tiltmeter data indicated inflation from a shallow source that began 7 min before the eruption, representing a volume change estimated to be 0.38 × 106 m3.
The small tilt change indicates inflation and subsequent deflation of the summit, suggesting that the change was probably caused by a small eruption on the summit.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com