Inflation vacation

Broad measures for both intermediate and final goods continue to suggest that inflation will not pose a threat to the 7-yr-old economic expansion. Wholesale prices for "core" intermediate goods edged up only slightly by 0.

By Staff March 1, 1998

Broad measures for both intermediate and final goods continue to suggest that inflation will not pose a threat to the 7-yr-old economic expansion. Wholesale prices for “core” intermediate goods edged up only slightly by 0.2% in 1997 but are expected to rise by 2.2% in 1998. Machinery and equipment prices dropped by 0.5% in 1997 but should bounce back with gains of 0.6% in 1998.