May 15, 2013
YOU CAN'T RUN THOSE GOVERNMENT PRINTING PRESSES 24/7 WITHOUT TRIGGERING...:
Wholesale Prices Drop as Energy Costs Continue to Fall (JONATHAN HOUSE And ERIC MORATH, 5/15/13, WSJ)
The producer-price index, which measures how much businesses pay for finished goods, declined by a seasonally adjusted 0.7% in April from a month earlier, the Labor Department said Wednesday. It was the biggest one-month decline since February 2010. In March, the index fell by 0.6%. [...]Stripping out the more-volatile energy and food components, core wholesale prices rose a modest 0.1% in April.
...deflation?
Posted by Orrin Judd at May 15, 2013 11:49 AM
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