Uh, the Fed CPI does include food and energy prices. The government does have a separate "core" inflation number which excludes food and energy prices, but the

Uh, the Fed CPI does include food and energy prices. The government does have a separate "core" inflation number which excludes food and energy prices, but the regular CPI number includes food and energy and has forever. Specifically, the CPI-U includes food & energy, but economic analysts and policymakers like to use the CPI-U for All Items Less Food and Energy because of the volatility of commodities. The CPI-U however is still available and was last sitting at 3% for 2011. Again, that's with food & energy. http://www.bls.gov/news.release/cpi.nr0.htm http://www.bls.gov/news.release/cpi.nr0.htm Not only that, but the numbers that exclude food and energy make inflation look higher than when they are included.