Economic Commentary Highlights...
- Here in 2012, food and energy inflation is less of a concern for consumers.
- Rapidly rising consumer food prices in 2011 were largely due to a surge in prices for agricultural commodities in late 2010. That surge has dissipated, and food inflation is decelerating rapidly.
- Consumer energy prices surged in early 2011, as the "Arab Spring" pushed up oil prices.
Most geopolitical tensions have eased in 2012. Gasoline prices are under $4 per gallon.
View the entire economic commentary
Lincoln Savings Bank and LSB Financial are pleased to provide the above Economic Commentary for the week of May 21, 2012. The commentary is prepared by LPL FINANCIAL RESEARCH, the broker-dealer partner for Lincoln Savings Bank and LSB Financial. The above commentary and others like it can be found at www.mylsb.com/investments/commentary.aspx
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