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U.S. producer prices record largest drop since 2009 as coronavirus suppresses demand

U.S. producer prices fell by the most since 2009 in April, leading to the largest annual decline in nearly 4-1/2 years, bolstering some economists’ predictions for a brief period of deflation as the novel coronavirus depresses demand.

    

Written by

Peter Zirbes, ESQ. A Full Service Law Office 718 544 6300