Consumer Prices rise slightly but overall inflationary pressures remain neutral
According to The Financial Times, US consumer prices rose .2% last month, while the “core” price index fell for the first time since 1982. From the article:
“That underlying core inflation pressures remain benign is consistent with our view that core price measures will keep to a disinflationary path this year owing to a very wide output gap,” said Joshua Shapiro, chief US economist at MFR, in a research note to clients.
consumer price index rises .2%- us business news- ft.com
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Posted by Staff Writer
on Feb 19 2010. Filed under Freedom News.
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