Economic Report: Consumer prices post biggest decline since 2008 as coronavirus puts clamps on inflation

One thing anxious Americans don’t have to worry about, with the COVID-19 pandemic shutting down large slices of the economy, is inflation. Consumer prices sank 0.8% in April to mark the biggest decline since the 2008 Great Recession.

One thing anxious Americans don’t have to worry about, with the COVID-19 pandemic shutting down large slices of the economy, is inflation. Consumer prices sank 0.8% in April to mark the biggest decline since the 2008 Great Recession.