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ABSTRACT

May 1992, Vol. 115, No. 5

Energy, food prices helped slow inflation in 1991

Kenneth J. Stewart
Economist, Office of Prices and Living Conditions, Bureau of Labor Statistics


The major cause of lessened inflation in 1991 was the decline in energy prices, following a runup due to concerns about the Persian Gulf war. Slack economic conditions and movements in food prices also curbed inflation. This article summarizes changes in consumer price indexes during 1991.

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