CONSUMER PRICES DIP FOR THE 2ND STRAIGHT MONTH!

By
Real Estate Agent with Keller Williams Capital Partners Realty 277320

THE LABOR DEPARTMENT REPORTED THE THE CONSUMER PRICE INDEX, THE GOVERNMAENT'S MOST CLOSELY WATCHED INFLATION BAROMETER, DROPPED 0.2% IN MAY, FOLLOWING A 0.1% DROP IN APRIL.

This marked the biggest decline since consumer prices dropped 0.7% in December 2008

 

Are we in a postion to expience a deflationary period that goes for months?

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