Deflation Alert! Consumer Price Index (CPI) Down 0.2% in May

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Zacks Investment Research reports: The Consumer Price Index (CPI) fell 0.2% in May, which was a greater decline than the 0.1% decline expected and the 0.1% decline in April. Year over year, headline inflation is up 2.0%, but almost all of that came in 2009, not in 2010. Over the last three months, the CPI […]

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Thanks to good friend and fellow deflationist Carson for sending along the latest CPI numbers, which were released this morning. Inflation?  Where? On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent in April, the U.S. Bureau of Labor Statistics reported today. Take away food and energy, and the deflation […]

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