Wednesday, August 10, 2022

Price hikes took a breather in July, fueling hopes that inflation has peaked

Runaway inflation took a breather in July, with consumer prices increasing by 8.5% year over year, a slower pace than the 9.1% increase in June, the Bureau of Labor Statistics reported Wednesday.

from CNN.com - RSS Channel - World https://ift.tt/sKhgn7o

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