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Gas Prices Lead Consumer Prices Down

Overall consumer prices were down .1 percent last month. Not much I know, but it’s the first time since June they declined.

A big drop in gas prices led the way. Food prices up, but at the slowest pace of the year. New car prices – down. Hotels & airfare – down.

Oil prices are up over $100/barrel today, but experts note that the price is still cheaper than it was in the Spring. No real inflation worries there.

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