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(Image from article: "Consumer Prices Down 2.1 Percent Over Past Year")

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Consumer Prices Down 2.1 Percent Over Past Year

Consumer Prices Down 2.1 Percent Over Past Year

Consumer prices were flat in July as energy costs retreated following a big surge in June. Over the past 12 months, prices dropped the most in nearly six decades as the recession and lower energy costs kept a lid on inflation.

 

Consumer Prices Held Steady in April

The docile inflation performance reflected a second monthly drop in energy costs and a third consecutive decline in food prices.

 

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