51.   It was the third month that producer price inflation eased, suggesting that consumer prices could fall in the months to come.

52.   Last Friday, the Labor Department reported wholesale price inflation remained under wraps in July the producer price index showed no change from the previous month.

53.   Manufacturers are seeing margins squeezed as their own price rises lag inflation.

54.   Monthly consumer price data show inflation remains benign but is accelerating.

55.   Meanwhile, overall retail price inflation slowed in February, with lower mortgage rates and petrol prices contributing most to the decline in the yearly rate.

56.   Now, some fear that the economy is headed for a period of wage and price inflation, and even the risk of new recession.

57.   Output price inflation is likely to remain flat over the coming months, the CBI said.

58.   Poor people tend to be especially hurt by such price increases because they are usually renters rather than owners, and so are not insulated from the price inflation.

59.   Producer price inflation, reflecting changes in the prices companies pay for raw materials, has been more subdued than consumer price inflation for the past few months.

60.   Reports on February consumer price inflation from four key Western states are due beginning Monday.