Cheaper gas lowers price index free review Falling gasoline prices in July helped push consumer prices lower for the first time in eight months, indicating that the recent surge in inflation is subsiding.  Consumer Price Index Dips 0.1% on Fuel Costs (http://www.latimes.com/business/la-fi-prices18aug18,1,58611.story?coll=la-headlines-business , Los Angeles Times (subscription)) US inflation falls for first time in 2004 (http://www.theglobeandmail.com/servlet/ArticleNews/TPStory/LAC/20040818/IBUSUS18/TPBusiness/International , The Globe and Mail)   
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Cheaper gas lowers price index

Falling gasoline prices in July helped push consumer prices lower for the first time in eight months, indicating that the recent surge in inflation is subsiding.

Updated Aug 18, 2004 12:07:02
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AuthorBoston Globe
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Description:
Consumer Price Index Dips 0.1% on Fuel Costs (http://www.latimes.com/business/la-fi-prices18aug18,1,58611.story?coll=la-headlines-business — Los Angeles Times (subscription))
US inflation falls for first time in 2004 (http://www.theglobeandmail.com/servlet/ArticleNews/TPStory/LAC/20040818/IBUSUS18/TPBusiness/International — The Globe and Mail)

Similar news:
  • Gas Price Drop Lowers CPI - Moderate news on the inflation front and a Labor Department report showing that consumer prices actually fell in July gave comfort to investors who are worried about potential price hikes.
  • 3 Major Indexes End Week Much Lower - Bargain hunters kept Wall Street mixed Friday, allowing blue chips to rise despite a new record high for oil prices. But fresh warnings from semiconductor firms sent the tech sector falling, and the three major indexes ended the week substantially lower.
  • Factory Index Rises Again; Construction Spending Lower - Manufacturing expanded at a respectable rate in July on strong orders and higher production rates, the Institute for Supply Management reported yesterday.
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