July Inflation Gauge Increases at Moderate Pace in US - Bloomberg

Prices paid by U.S. consumers climbed in July at a more moderate pace, though not enough to provide major relief from the cost increases weighing on sentiment and driving policy debate.

The consumer price index increased 0.5% from June and 5.4% from a year ago, according to Labor Department data released Wednesday. Excluding the volatile food and energy components, the so-called core CPI rose 0.3% from the prior month and 4.3% from July 2020.

Adblock test (Why?)

Article From & Read More ( July Inflation Gauge Increases at Moderate Pace in US - Bloomberg )
https://ift.tt/3CFnrGf
Business

Bagikan Berita Ini