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May 1984, Vol. 107, No.
5
Inflation remained low in 1983
in face of strong recovery
Craig Howell
Economist, Office of Prices and Living Conditions, Bureau of Labor Statistics
Andrew Clem
Economist, Office of Prices and Living Conditions, Bureau of Labor Statistics
Roger Burns
Economist, Office of Prices and Living Conditions, Bureau of Labor Statistics
Consumer prices rose by less than 4 percent, about the same as in the recession year of 1982; producer prices of finished goods inched up by less than 1 percent, registering the lowest increase in nearly 20 years.
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