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U.S. Consumer Prices Fall 0.2% in August

Wall Street Journal (09/17/14) Eric Morath; Jonathan House

Consumer prices declined a seasonally adjusted 0.2% in August from July, according to the U.S. Department of Labor. This marked the first decline since April 2013. The consumer-price index was unchanged after excluding food and energy. Economists polled by the Wall Street Journal had forecast that overall prices would remain flat but costs excluding food and energy would increase 0.2%.