US reports lowest inflation in 50 years

January 16th, 2009 - 10:32 pm ICT by IANS  

Washington, Jan 16 (DPA) The US government figures released Friday showed that domestic inflation for 2008 was 0.1 percent, the lowest figure in more than 50 years.The US Labour Department said that monthly sales prices sank in December by 0.7 percent. In November, the sales prices receded by 1.7 percent.

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