Inflation Coming Faster Than Predicted: February 2011 Prices Rose Quickly

The constant printing of money means the dollar is worth less and inflation usually follows as prices reflect a weakening dollars. In February, inflation rose in the United States much faster than predicted.

The cost of goods imported into the U.S. rose more than forecast in February, led by further gains in commodities that companies are struggling to pass along to their customers.

The 1.4 percent increase in the import-price index exceeded the 0.9 percent median estimate in a Bloomberg News survey and followed a 1.3 percent rise in January, Labor Department figures showed today in Washington. A measure of prices paid by factories in the New York region jumped this month to the highest level since August 2008, according to another report that also showed manufacturing picked up.