Federal Reserve Chairman Bernanke (BenBernanke) that forecast inflation will continue to weaken, wages and prices will steadily fall.
In addition, food prices edged up 0.1%, lower than the growth rate of 0.2% in November; clothing prices rose 0.1%, health care costs increased 0.3%; old row the fourth week of decline, a decrease of 0.1% in December. The cost of living increase the third consecutive month, December is 0.1%, rents up 0.1%.
the 2010 consumer price index rose 1.5%, down from 2.7% in 2009. Annual core consumer price inflation was 0.8%, also lower than the 1.8% growth the previous year. Core inflation was 0.8%, well below the Fed target range set by 1.5 to 2 percent.
HC apparel network to data released by the U.S. Department of Labor, as energy prices soar, December consumer price index (CPI) rose 0.5%, biggest since June 2009 increase.
but excluding energy and food prices, core prices rose only smaller than 0.1% in November, indicating no inflation pressure.
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Labor Department said energy prices in December rose 4.6% in June 2009 was the biggest increase since. Gasoline prices rose 8.5%, 4.9% increase in fuel prices, utility prices rose 1.4%, air fares have increased by 3.3%.
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