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"High oil prices slow economic activity, but they came at the most opportune time they could come," Mr. Goldstein said.
Friday's numbers raised more worries about deflation, a destructive loop in which falling prices slow economic growth, leading to lower wages, lost jobs and more stagnation.
Gasoline prices rose at a faster pace, while the increase in food prices slowed.
THESE are tough times for carmakers, many of which are labouring under high oil prices, slowing demand and financial weakness.
See articleThe pace of decline in American house prices slowed slightly in February, according to Standard & Poor's, a rating agency.
British stocks rallied in April, property prices slowed their steep descent as mortgage approvals increased, and consumer confidence gained.
British stocks rallied in April, property prices slowed their steep descent as mortgage approvals increased, and consumer confidence rose.
Increases in housing prices slowed in New Jersey in the first quarter of 2004, but the general trend is still upward.
But then, in a devastating feedback loop, real estate prices slowed and banks stopped lending, decimating Lehman's investments and forcing it to declare bankruptcy five years ago on Sunday.
The market has been buoyed by a combination of moderating oil prices, slowing economic growth and signs that inflation has not spiraled out of control.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com