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Hosting18AugConsumer Prices Post Sharp Annual DropPosted by - admin : Category - NewsConsumer prices were flat in July as energy costs retreated following a big surge in June. Over the past 12 months, prices dropped the most in nearly six decades as the recession and lower energy costs kept a lid on inflation. The Commerce replica Jacob & Co JC-SQ-01 watch Department says consumer prices showed no changed in July, in line with analysts; expectations and far below the 0.7 percent jump in June. Prices fell 2.1 percent over the past 12 months, the biggest annual decline since a similar drop in the period ending in January 1950.

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