The Madeleine Brand Show

The Madeleine Brand Show is a daily, two-hour program that looks at news and culture through the lens of Southern California. Hosted by Madeleine Brand

Reading the tea leaves of the Consumer Price Index

by The Madeleine Brand Show

22317 full
The Consumer Price Index increased by 0.5 percent in December, according to numbers released Friday. The jump was mostly due to higher energy prices. Justin Sullivan/Getty Images

The Consumer Price Index and a whole slew of other numbers were released Friday. The CPI is looked to as an indicator of inflation. The CPI jumped 0.5 percent, mostly due to higher energy prices but retail sales and job growth grew less than expected. Our Steve Proffitt tells us what we need to know about what these numbers mean.

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