Wednesday 19 November 2008

largest drop in 61 years, US CPI index

Just wrote yesterday about the customers' reaction in a real recession, saw one news today:

http://biz.yahoo.com/ap/081119/economy.html

Consumer prices drop record 1 percent in OctoberWednesday November 19, 2:26 pm ET By Martin Crutsinger, AP Economics Writer
Consumer prices drop by largest amount in past 61 years as energy prices see record plunge

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