Consumer Price Index Summary

http://www.bls.gov/news.release/cpi.nr0.htm

The Consumer Price Index for All Urban Consumers (CPI-U) increased
 0.5 percent in March on a seasonally adjusted basis, the U.S. Bureau
 of Labor Statistics reported today. Over the last 12 months, the all
 items index increased 2.7 percent before seasonal adjustment.

 The index for all items less food and energy rose 0.1 percent in
 March, a smaller increase than in the previous two months.

 The index for all items less food and energy
 has increased 1.2 percent with the shelter index up 0.9 percent.

The US government must think its citizens are fools to believe this inflation data.  Sure, I cherry-picked some data, and more detailed data does show rising prices in food and energy, but to suggest our cost of living has only increased 2.7% year-over-year is insulting at best.