Well, duh! It's all based on supply and demand. Since we had a mild winter here, in the U.S., that resulted in less demand for heating cost, of course the cost of living will rise at a slower pace.
Prices Probably Rose at a Slower Pace: U.S. Economy Preview
The cost of living in the U.S. probably rose at a slower pace in March as increases in energy expenses subsided, economists said before a report this week. Consumer prices advanced 0.3 percent after climbing 0.4 percent in February, according to the median of 58 estimates in a Bloomberg News survey ahead of the Labor Departmentís April 13 release. Other figures may show prices paid by producers also grew more slowly and that the nationís trade deficit was little changed from the widest gap since October 2008. An economic expansion that probably slowed at the beginning of the year may be encouraging companies to hold the line on ... (full story)
- Posted: Apr 8, 2012 10:32am
- Submitted by:Category: Fundamental AnalysisComments: 2 / Views: 1,497