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Consumer Confidence
Q&A: U.S. technically hits deflation, but what does it mean?
Q&A: U.S. technically hits deflation, but what does it mean?

The consumer price index, a leading measure of inflation, fell last month into negative territory over a 12-month period for the first time since the fall of 2009, when the nation was just emerging from recession. It also fell from December, the third straight month-to-month decline. Of course inflation affects people’s spending and finances, but the trend has repercussions for interest-rate policy and the broader economy. Here are some things to consider about the latest inflation reading Thursday from the government: What caused the consumer price index to fall in January? The CPI sank 0.7% in January from December, and the annual rate of inflation fell 0.1%, technically...

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