Word: indexes
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Dates: during 1980-1989
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Inflation has slowed dramatically in the past year, and in March the Consumer Price Index actually went down for the first time since 1965. Yet economists have warned that the fight against high prices will not be won until the so-called core or underlying, rate also starts coming down...
...volatile situations, it faced a host of nagging problems on other fronts, domestic as well as foreign. The unresolved budget crisis contributed to fears that the recession would linger and interest rates would stay high, even though the White House had one bit of good news: the consumer price index actually went down in March for the first time in 17 years (see ECONOMY & BUSINESS...
...economy have been heading one way. Sometimes rapidly, sometimes slowly, they went relentlessly upward. Yet last week the Labor Department reported that the economy's 17-year inflationary spiral had, for one month at least, finally been broken. During March, inflation as measured by the Consumer Price Index actually went down instead of up. This turned a trend of what economists call disinflation, or slowing price rises, into outright deflation, or falling prices...
...Stocke Exchange. Dusty volumes have become hot commodities. New York City Dealer Raymond Wapner finds the upswing encouraging: "It's about time we came to terms with the economic reality of the times. In upward movement and general stability, rare books perform better than the Dow Jones index." Indeed, in two decades rare books have appreciated about 30 times, on the average, outperforming gold, diamonds and Oriental rugs...
Herb Margolis, 56, strolled into a Los Angeles bookstore 15 months ago, flipped to the index page of Nice Girls Do, the hot-selling sex manual, and went into shock. Reason: he claims that the book, which has sold 183,000 hardcover copies and is now on the paperback bestseller lists, is half his-the result of collaboration in and out of bed with Author Irene Kassorla during a passionate romance that cooled in June 1978. Kassorla, a fiftyish Bel Air psychologist, admits the affair but denies working with Margolis. Says Margolis plaintively: "She wanted us to become the Masters...