True inflation rate 27.67 percent for past 12 months: Commodity Price Index

We keep hearing that inflation remains relatively low.  But a look at this Commodity Price Index chart indicates that the real inflation rate was over 20 percent for the past 12 months, more than 30 percent for food — even higher for commodities we really need to live.

READ: True inflation rate 27.67 percent for past 12 months: Commodity Price Index