Consumer Confidence Index Drops Despite Decreasing Gasoline Prices

A private research group shows that consumer confidence dropped in the month of June for the fourth consecutive month, as concerns about employment and the entire economy offset the reduction in gasoline prices and the slight betterment of the housing industry. The decrease was moderate. Recently, the Conference Board said that there was a drop in the May to June consumer confidence index, from...
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Falling Gasoline Prices Slowed Inflation Rate

Consumers experienced some relief in gasoline prices last May as declining prices weakened the total inflation for the month. The Consumer Price Index (CPI), the government’s primary measure of inflation, showed a drop in consumer prices by 0.3% last month. That is the deepest drop in a month since December of 2008. Falling current gas prices contributed greatly to this outcome, with a...
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