The Consumer Price Index DROPPED 0.7% in December 2008.
That’s a marked departure from the gains we had been seeing. Even if you exclude food and gas prices, consumer prices were still flat for the month.
What’s more, the full-year data showed consumer prices rose a paltry 0.1% vs. a whopping 4.1% jump in 2007.
In fact, 2008 saw the lowest rate of inflation since 1954, when prices declined 0.7%.
With the continued job losses and curtailed consumer spending, you can expect to see further price weakness in the next round of data, too.
Find how your investing in dividends strategy may need to suite this inflation period.
To your dividend investing success,
InvestingInDividends.com
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