AP Economics Writer= WASHINGTON â€'' Consumer prices rose less than expected in May and posted the steepest annual drop in 59 years, according to government data released Wednesday, fresh evidence that the recession is keeping inflation in check.
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Consumer prices rise less than expected in May
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Consumer prices rose in July
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May`s deflation suggests inflationary pressure can be curbed
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There is inflationary pressure in the economy:
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Food inflation will 'average out'
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Inflation to remain in double-digit this year:
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Inflation measured by Wholesale Price Index
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Consumer prices rise in June
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Food inflation coming down:
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National economic activity slumped in May
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US inflation figures spook markets
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Annual food inflation eases to lowest in six years
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Americans think economy is in recession now;
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US consumer prices rise modestly in March
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US consumer prices fall
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Eurozone annual inflation fell to 2.7% in May
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Inflation falls to 11.44 per cent