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May 04 2009

Fall To Deflationary Territory Should Be Short Lived

  • May 4, 2009

As first half of 2009 readings compare against inflationary 2008 first half readings, the twelve month rate will sink further into deflationary territory, probably to around –6%. But the second half of 2009 will be a different story, as commodity prices could continue to rebound or at least stabilize (anticipating economic recovery).

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