Nearly all of the jump in inflation last month came from energy.

Under this approach, certain programs would be affected by changes in population growth and inflation.

To keep growth in check and inflation down, the central bank raised interest rates.

Reasons for the spike in inflation last month are not difficult to find.

They are also concerned about the 5.1 percent rise in inflation last year.

"What's wrong with growth and jobs if it's not being reflected in inflation?"

"But we don't expect a dramatic increase in rates or inflation."

A small downward move in inflation is not good news; its bad when you look at the causes.

According to some estimates a one percent increase in inflation could help to create two million jobs.

"That will make it hard to get a rise in inflation."