Source:
AP (Yahoo News) WASHINGTON - Consumer prices in August posted the first monthly decline in nearly two years as Americans finally get a break from surging energy prices.
The Labor Department reported Tuesday that consumer prices edged down 0.1 percent last month, a significant improvement from a 1.1 percent price spike in June and a 0.8 percent rise in July. The cost of gasoline and other fuels have plunged, reflecting big drops in crude oil prices.
Read more:
http://news.yahoo.com/s/ap/20080916/ap_on_bi_go_ec_fi/economy
:rofl: :cry:
Perhaps it's just my regional perspective: "Five states -- Georgia, Illinois, Indiana, Michigan and South Carolina -- joined usually high-cost Alaska and Hawaii with statewide averages above $4 a gallon. In South Carolina, the average price hit a record high."
http://www.latimes.com/business/la-fi-oilstorm15-2008sep15,0,7853970.storyAnyone out there feeling more solvent lately?
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