"This morning’s inflation data showed signs of a trend I started predicting back in September of last year – the return of disinflation. Disinflation is a decline in the annual rate of inflation. So, we’re still seeing positive inflation figures, but the annualized rate is on the decline. That’s reflected in general economic weakness and a substantial decline in many commodity prices. Econoday offers some specifics on this morning’s data:..."
at http://pragcap.com/inflation-update-disinflation-continues
at http://pragcap.com/inflation-update-disinflation-continues
