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Medical Care Prices Fell for First Time in 35 Years
New York Times

Then again, maybe the deflationary apocalypse really is upon us: For the first time in 35 years, the one sector of the economy always guaranteed to get more expensive suddenly became a bit cheaper in July.

According to a report released today by the Labor Department, consumer prices over all grew 0.3 percent in July, on a seasonally adjusted basis. The medical care index, however, fell 0.1 percent in July, after three and a half decades of constant increases.

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