The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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viernes, 15 de julio de 2011

U.S. consumer prices drop 0.2% in June

WASHINGTON (MarketWatch)
The U.S. consumer price index fell a seasonally adjusted 0.2% in June while the core rate, which excludes food and energy, rose 0.3%, the Labor Department said Friday.
Economists surveyed by MarketWatch expected the CPI to fall 0.2% in June, with a 0.2% increase in the core rate.
The overall cost of living for Americans fell for the first time in a year, mainly because of retreating gasoline prices.
Energy costs sank 4.4% in June, marking the largest decline since December 2008.
Still, consumer prices have risen an unadjusted 3.6% over the past year, The core rate has climbed 1.6% in the same span.
In a related report, Labor said real average hourly earnings rose 0.2% in June, almost entirely because of the decline in consumer prices.
Average hourly wages were flat.

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