Consumer Prices, 2011 | featured news

(Image from article: "June consumer prices record largest drop in a year")

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June consumer prices record largest drop in a year

Consumer prices fell slightly more than expected in June to post their biggest drop in a year on weak gasoline costs, government data showed on Friday, pointing to a cooling in commodity-driven inflation pressures.

Rising food and gas costs push up consumer prices

Consumers paid more for gas and food in April, pushing inflation to its highest level in two and a half years. But so far this month, inflationary pressures have begun to ease.

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