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Director / Editor: Victor Teboul, Ph.D.
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US Consumer Prices Drop

U.S. consumer prices fell seven-tenths of a percent in January, the sharpest drop since 2008. Thursday's report from the Labor Department says falling gasoline costs brought overall prices down by one-tenth of a percent over the past 12 months. Economists say falling gasoline prices are good for consumers as they allow them to spend money on other goods and services. Outside the volatile areas of energy and food, prices in the overall economy are still rising a bit, but remain...


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