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Inflation Remains Tame at 0.7%, Despite Rise in Gas Prices -

cnbc.com — Consumer prices rose at a slightly faster-than-expected 0.7 percent pace in June, but the bulk of the increase was due to soaring gasoline prices and core inflation remained tame. Gasoline has since gone down in price

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  • NoLibertarians, on 07/15/2009, -3/+6fFTA

    Compared to the same period last year, consumer prices fell by 1.4 percent, which was the biggest decline since January 1950, when prices fell 2.1 percent, a Labor Department official said. Gasoline prices compared with a year ago were 34.6 percent lower.

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