Consumer Price Index Negative For The First Time in Three Years and Four Months Impact of Corona Virus

Consumer Price Index 3-year-4-month-old negative Corona Virus Impact May 22 at 8:35

The consumer price index for The Month of July, which shows the price movements of goods and services consumed at home, fell 0.2 percent compared to the same month last year, and fell for the first time in three years and four months.

This is due to the decline in crude oil prices and the fall in gasoline prices as demand declines against the backdrop of the spread of the new coronavirus worldwide.