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December 2003

Stealth Inflation

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MSN Money – How ‘stealth inflation’ sneaks up on your wallet

Guess we’re in a period of no inflation? Guess again. Consumer prices are rising, but it doesn’t come through in statistics. Items cost more because of increased fees, necessary or not. So while base prices are only rising a little, while wages stay the same, an ever-increasing barrage of fees on all things from hotels to telephone calls means that you pay more.