1.5 percent inflation
- Updated
Inflation under the Obama administration has increased an average of 1.5 percent per year. As less than the ideal rate of 2 percent, this is considered low. When Obama assumed the presidency, the economy was experiencing deflation (negative inflation growth), which indicates a stagnant economy and discourages spending.
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From pet gorillas and inflation to drone strikes, we explore these facts about Barack Obama …
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