Stagflation Threat: Inflation Accelerates While U.S. Economy Is Slowing Down »
Posted By Pdlpublic 5 months ago in Business & FinanceThe U.S. overall consumer prices rose an unadjusted 4.2% in the year ended in May 2008. As expected, the largest contributor is increase in energy prices and food prices, which increased by 17.4% and 5.1% respectively from a year ago.
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