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Posted By taouu 7 months, 2 weeks ago in Business & Finance

Deflation fears reared again Tuesday after the Bureau of Labor Statistics (BLS) released the March Producer Price Index (PPI). The PPI, falling -1.2% in March, hadn’t seen a monthly decline since December 2008. Then on Wednesday, the BLS said March CPI declined -0.1% on a monthly basis and, for the first time since 1955, -0.4% year over year. (The core index, stripping out volatile food and energy, has not seen a monthly or year over year decline yet.)

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