Published February 21, 2009, 07:53 AM
Consumer prices up slightly
Consumer prices rose modestly in January, propelled by higher energy costs, but economists said they remain more concerned about the threat of price declines throughout the economy.
WASHINGTON (AP) — Consumer prices rose modestly in January, propelled by higher energy costs, but economists said they remain more concerned about the threat of price declines throughout the economy.
That’s because even with last month’s increase in consumer prices, inflation has been flat over the past year, the lowest reading in more than a half-century.
Tags: news, economy, business, prices, consumer
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