By what percentage did the prices of other items in the CPI basket change? Falling oil prices
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By what percentage did the prices of other items in the CPI basket change?
Falling oil prices pushed the CPI down 0.1 percent in December 2015. Energy prices fell 2.4 percent and the price of gasoline fell by 3.9 percent.
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The price of energy fell 24 percent so the change in the CPI contributed by ...View the full answer
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