The 2011 Citizen Blog Inflation Prediction Challenge
Here is a chance to go "on record" with your prediction for inflation in the United States for the year 2011.
Simply reply to this thread with your prediction of the percentage of overall inflation increase you believe will occur in the United States for the period January 1, 2011 to December 31, 2011.
Closest prediction without going over will be declared the winner. Preliminary results should be available in January 2012, the government typically releases "final" results around March 2012.
The ONLY percentage used in this contest will be the OVERALL inflation percentage as determined by the United States Government's Department of Labor's Bureau of Labor Statistics. ONLY 2011 data will apply.
Inflation in other countries will not count. Non-BLS inflation numbers will not count. Component inflation (food, commodity) will not count. ONLY OVERALL inflation.
Here's is YOUR chance for glory. I'll post year-to-date results at the beginning of each quarter as well.
Make sure you get your entry in before January 1st, 2011.
My prediction for overall inflation in the United States for the calendar year 2011 is 2.8% (two point eight percent)
- swac 1%
- Ninja Guy 1.45%
- Hutch866 2.5%
- Nuk_1 2.7%
- Chris P. Bacon 2.8%
- Doug 3%
- Cyclist 3%
- Mike King 3.18%
- Davids Mom 3.7%
- T-Man 4.7%
- Robert W. Morgan 5.6%
- Dawn69 9.5%
- Mudcat 12.75%
- Georgia Patriot 13%
Kiddie and Koward Korner:
- ObserverofU 4.00% "plus CPI"
- PTC Observer "miscellaneous whining"
- Courthouse Rules "1 to 10%"
- Spyglass "potato"