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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.

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Business - Latest - Google News
August 11, 2021 at 07:32PM
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July Inflation Gauge Increases at Moderate Pace in US - Bloomberg
Business - Latest - Google News
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