INFLATION EASED last month as energy prices tumbled, according to a report closely watched by the Federal Reserve. The Commerce Department reported Friday that consumer prices were up 6.3% in July from a year earlier after posting an annual increase of 6.8% in June, biggest jump since 1982. / ASSOCIATED PRESS FILE PHOTO
WASHINGTON (AP) – Inflation eased last month as energy prices tumbled, raising hopes that a surge in prices increases may have peaked. According to Commerce Department report Friday that is closely watched by the Federal Reserve, consumer prices rose 6.3% in July from a year earlier after posting an annual increase of 6.8% in June,…
Want to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.
