Go to theBureau of Labor Statistics (BLS) https://www.bls.gov/ INFLATION: On the right said of the home page in the "Latest Numbers" window, click on the "Consumer Price Index (CPI)." Then click on "Consumer Price Index Summary", take a moment to read the report. Scroll down to Table A for the summary of the data. If you scroll further down to Table 1. This give a more detailed breakdown of all the items in the CPI basket. 1. What is the release date on your report? 2. What is the current annual inflation rate (all items)? Check Table A for "Unadjusted 12-months ended..." . 3. What is the current annual inflation rate for Energy ("Unadjusted 12-months ended...")? 4. Which item ("Unadjusted 12-months ended...") shows the least inflation? How much? What factors do you think cause this one to be the least? 5. What is the value of the unadjusted CPI for the most recent month listed? (Note: it is an index not percentage). Use Table 1 for this. 6. What is the base year for the CPI? Use Table 1. (They may give you a time range) 7. Explain the difference between the CPI and inflation.