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inflation

Are We More Sensitive to Price Increases Than Decreases?

November 21, 2009 by Dr. Duru

Erika Miller, correspondent at Nightly Business Report, expressed surprise that the CPI showed prices declined year-over-year by 0.2%: “It came as a total surprise to me that grocery prices have fallen nearly 3 percent in the past year, one of the biggest category declines. I would have guessed prices at the supermarket were up.” Ms. … Read more

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