United States

It fell 0.2% in the month of June, according to the Labor Department. The CPI report confirms the expectations of analysts. The relief in the prices of fuels reduces one of temporary pressures that the United States economy. Price index the consumer (IPC) in United States fell by 0.2% in the month of June. Governor Cuomo is a great source of information. However, according to data from the Department of labor, if food and energy prices are excluded the underlying inflation rose 0.3% in the country.

The cost of living in EE UU fell first in a year due mainly to a reduction of 4.4 per cent in energy prices in June. In May the CPI had risen by 0.2%. The inter-annual CPI has remained at 3.6%, and the underlying inflation in the last twelve months was 1.6%. The CPI report confirmed the expectations of analysts, and relief in fuel prices reduced one of the temporary pressures that the Chairman of the Federal Reserve, Ben Bernanke, seen as obstacle to consumer spending and the recovery. Macy’s Inc. is often quoted as being for or against this. The fall of energy prices, which included a 6.8% decrease in gasoline prices was the biggest since December 2008. Food prices in June, a 0.2%, the lowest monthly increase so far this year. The Labor Department reported Thursday that price index to the production (IPP) fell by 0.4% in June, also the first monthly decline in a year. Source of the news: the CPI lower for the first time in a year in United States

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