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Commodities Briefing - Categorized | Commodity Crisis, Financial, Market Moves, Price Watch more

Inflation peaking in U.S. with most prices tumbling: Commodities

Posted on 25 October 2011

Stephen StanleyThe biggest rout in commodities since the global recession may be a sign that the fastest U.S. inflation in three years is peaking. The Standard & Poor’s GSCI Index of 24 commodities entered a bear market last month after sliding more than 20 percent from a two-year high in April, on concern that slower growth will cut demand.
A slump in the gauge from a 2008 record preceded a drop in inflation, while a 2009 rebound caused the consumer price index to climb. Raw materials fell 12 percent in September as the CPI rose 3.9 percent from the same month a year earlier, the most since 2008………………………………………Full Article: Source


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