US Consumer Prices <br />Drop to Lowest in 5 Years According to the Labor Department, <br />the consumer price index (CPI) dropped <br />by 0.4 percent in March. The drop is the most <br />significant since January 2015. During the preceding 12 months, <br />the CPI increased by 1.5 percent. Economists say that <br />“the big concern right now is deflation." Gus Faucher, Economist, via Reuters Deflation reflects a <br />fall in the general level of prices. During times of economic hardship, <br />deflation can create further havoc by <br />offsetting business purchases and warping <br />stock and labor market signals.
