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Inflationary Forces Should Be Benign for Some Time06-22-09 | News

Inflationary Forces Should Be Benign for Some Time




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It?EUR??,,????'???s true that prices for oil and other key commodities are well off their lows of early 2009, but these prices still are well below the record highs of mid-2008 and do not figure to approach those ranges in the foreseeable future. - Courtesy of www.flickr.com


Now is not the time to worry about inflation. With low interest rates you could finance the supplies and equipment needed for your landscape business. The projected economic recovery should not generate serious inflation issues for quite a while.

Recent inflation readings, including the Producer Price Index (PPI) and Consumer Price Index (CPI) for May, point toward a downward path for inflation (disinflation) without the threat of destructive deflation.

The dollar clearly is well off its early 2009 highs, delivering another inflationary impulse, but further depreciation is likely to be quite limited. ?EUR??,,????'??? Courtesy of National Association of Home Builders

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