http://www.fxstreet.com/fundamental/economic-indicators/usa-core-inflation-declines/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/economic-indicators/usa-core-inflation-declines/2008-11-19.htmlOverview: US consumer prices dropped 1% m/m in October - the largest monthly decline ever - driven by sharply lower energy prices. Annual headline inflation now stands at 3.7% down from 4.9% in September. Core inflation is now negative, with core CPI falling 0.961% on the month, taking the annual core inflation rate to 2.2%. Fading demand, lower unit labour costs and the plunge in commodity prices thus seem to start affecting core consumer prices.Wed, 19 Nov 2008 16:17:45 GMThttp://www.fxstreet.com/fundamental/economic-indicators/danskeresearch@danskebank.com (Danske Bank A/S)http://www.fxstreet.com/fundamental/economic-indicators/usa-core-inflation-declines/2008-11-19.html