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Business, 03.08.2019 02:30 sukhmanksidhu

At the onset of the recent economic slowdown, prices at the grocery stores continued to rise. in some cases, products such as milk and bread almost doubled in price. a boston newspaper reported, "the price of eggs was up 40% and milk was up 26%." consumers were already being hit with high energy costs, and now their confidence in the economy was further shaken with job cuts and a loss of discretionary income due to increases in food prices. the economy was slowing, but prices were rising, signifying the potential for deflation stagflation disinflation equalization

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