Deflation

FILE - In this Aug. 27, 2013, file photo, workers load large containers of nectarines for sorting at Eastern ProPak Farmers Cooperative in Glassboro, N.J. U.S. wholesale prices fell 0.6% in February 2020, the biggest decline in five years, led by a sharp drop in energy costs. The Labor Department said the decline in its producer price index, which measures price pressures before they reach the consumer, followed a 0.5% rise in January. It was the sharpest decline since a similar 0.6% drop in January 2015. (AP Photo/Mel Evans, File)
June 11, 2020 - 10:11 am
WASHINGTON (AP) — U.S. wholesale prices rose 0.4% in May, led by a gains in the cost of food and energy. The Labor Department said Thursday that its Producer Price Index, which measures inflation pressures before they reach the consumer, showed an increase after three straight months of declines...
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Angie Moorefield unfolds material to begin sewing a disposable gown at Burlington Medical in Newport News Wednesday, May 6, 2020. The manufacturing business recently shifted from producing radiation protection gear for medical facilities to in-demand personal protective equipment such as masks, gowns and plastic face shields. (Jonathon Gruenke/The Virginian-Pilot via AP)
May 13, 2020 - 9:31 am
WASHINGTON (AP) — Wholesale prices slid a record 1.3% in April led by a 19% plunge in the cost of energy, further signaling the potential threat of deflation in the United States. The Labor Department said Wednesday that its producer price index, which measures inflation before it reaches the...
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FILE - This Aug. 11, 2019 file photo shows credit cards in New Orleans. U.S. consumer borrowing fell in March for the first time in more than eight years, with the category covering credit cards dropping by the largest amount in over three decades, the Federal Reserve reported Thursday, May 7, 2020. (AP Photo/Jenny Kane, file)
May 12, 2020 - 2:32 pm
WASHINGTON (AP) — The economic paralysis caused by the coronavirus led in April to the steepest month-to-month fall in U.S. consumer prices since the 2008 financial crisis — a 0.8% drop that was driven by a plunge in gasoline prices. And excluding the normally volatile categories of food and energy...
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In this Sept. 30, 2019, photo, a signboard says "Consumption tax hike, 8 percent to 10 percent", at a mass home electronics retailer in Tokyo. Japan has raised consumption tax to 10 percent from 8 percent, amid concerns that it could sink the Japanese economy though government officials say ample measures are taken to minimize the impact. (Shinji Kita/Kyodo News via AP)
October 01, 2019 - 4:14 am
TOKYO (AP) — Japan raised its national sales tax to 10% from 8% on Tuesday, risking short-term pain for the sake of the country's future financial stability as it copes with a fast aging and shrinking population. Previous tax increases, a 2-point increase to 5% in 1997 and another to 8% in 2014,...
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Bank of Japan Gov. Haruhiko Kuroda delivers a speech at a symposium in Tokyo Thursday, Jan. 17, 2019. Kuroda warned of unforeseen risks in guiding economic policy as the country’s population declines. (Kyodo News via AP)
January 17, 2019 - 2:48 am
TOKYO (AP) — Japan faces unforeseen risks in guiding economic policy as its population of about 126 million ages and declines, the governor of its central bank said Thursday. Bank of Japan Gov. Haruhiko Kuroda told fellow financial leaders Thursday that policies must be devised to prevent the...
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Kroger grocery store bags are removed from a shopping basket in Flowood, Miss., as customers shop for early weekend bargains, Thursday, June 15 2017. Intense competition among grocers is forcing Kroger to slash prices on popular items like milk, eggs and other staples that help sway where shoppers go. (AP Photo/Rogelio V. Solis)
June 15, 2017 - 3:15 pm
NEW YORK (AP) — Intense competition among grocers is forcing Kroger to slash prices on popular items like milk and eggs — staples that help sway where shoppers go. The company, which operates Fred Meyer, Ralphs and Fry's, on Thursday reported its second straight quarter of declining sales at...
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In this Thursday, March 23, 2017, photo, a workman operates a loom while manufacturing composite parts for joints in aircrafts at Bally Ribbon Mills in Bally, Pa. On Thursday, May 11, 2017, the Labor Department reports on U.S. producer price inflation in April. (AP Photo/Matt Rourke)
May 11, 2017 - 9:01 am
WASHINGTON (AP) — Inflation at the wholesale level jumped in April by the largest amount in three months, fueled by rising prices of food and energy. The Labor Department said Thursday that its producer price index, which measures inflation before it reaches the consumer, rose 0.5 percent in April...
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