While the consumer was hit by the Porkpocalypse in August, factories saw prices fall again for the worst two-month result since the start of the year. Deflation is accelerating.
Related: Deflation Fallout: East Asia's Largest Textile Company Goes Bust; 80% of Companies Face Bankruptcy
BEA: Real GDP increased at 1.6% Annualized Rate in Q1
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From the BEA: Gross Domestic Product, First Quarter 2024 (Advance Estimate)
Real gross domestic product (GDP) increased at an *annual rate of 1.6
percent ...
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