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Reflects declining consumer demand -- Per Bloomberg BusinessWeek.
1 posted on 06/13/2014 4:06:00 PM PDT by BenLurkin
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To: BenLurkin
Ukrane unexpectedly fell also, Iraq, Afghanistan,...
2 posted on 06/13/2014 4:13:04 PM PDT by mountainlion (Live well for those that did not make it back.)
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To: BenLurkin

>> The decline was unexpected.

Right.

Cheers!


3 posted on 06/13/2014 4:19:38 PM PDT by Nervous Tick (Without GOD, men get what they deserve.)
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To: BenLurkin
"The price of goods fell 0.2% in May led by a drop in the wholesale cost of energy."

That should be expected for this time of year.


4 posted on 06/13/2014 4:19:52 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: BenLurkin

Don’t know about wholesale, but my view is that NOTHING is getting cheaper at the retail level.

At least nothing that I buy.

Motor oil that was $1.50/qt a couple yrs ago is $3 bucks or more now.
2 dollar milk (now 3.50) doesn’t seem that long ago.
24 can Coke was $4 bucks at WM 2 yrs ago, now $7.


5 posted on 06/13/2014 4:26:19 PM PDT by nascarnation (Toxic Baraq Syndrome: hopefully infecting a Dem candidate near you)
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To: BenLurkin

or govt subsidies were poured on them to drop prices

when they print the money, or just invent it online, it’s really not a problem


8 posted on 06/13/2014 4:48:33 PM PDT by sten (fighting tyranny never goes out of style)
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To: BenLurkin

How can this be? What about all the hyperinflation from money printing all the FR economists have forecasted? I’m just confused as to how everyone here missed it...unexpectedly.


10 posted on 06/13/2014 5:07:55 PM PDT by Wyatt's Torch
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To: BenLurkin
Unexpectedly?

ROFL! The MSM obviously has no idea how stupid they make themselves look when they continue to call logical outcomes as "unexpected."

11 posted on 06/13/2014 5:12:49 PM PDT by FourPeas ("Maladjusted and wigging out is no way to go through life, son." -hg)
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