From AOL.COM / AP:
Consumer prices fell for the third straight month, offering some bargains to American shoppers.
The Consumer Price Index, the government’s most closely watch inflation barometer, dipped 0.1 percent in June, the Labor Department reported Friday. Less expensive energy bills were a big factor behind the drop. Prices for some food items, airlines fares, computers, telephone service and personal care products also fell last month.
So-called “core” consumer prices, which strip out volatile energy and food, rose 0.2 percent in June. That means core prices rose only 0.9 percent over the past year. That’s below the Fed’s inflation target and has core prices holding at a 44-year low…
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