U.S. inflation rises for the first time in a year to 3.2% rate

WASHING MACHINES machines are displayed at Sam's Appliances TV & Furniture in Norwood, Mass. Inflation in the United States rose in July after 12 straight months of declines, boosted by costlier housing. But excluding volatile food and energy prices, so-called core inflation matched the smallest monthly increase in nearly two years. / ASSOCIATED PRESS FILE PHOTO / STEVEN SENNE
WASHINGTON (AP) – Inflation in the United States rose in July after 12 straight months of declines, boosted by costlier housing. But excluding volatile food and energy prices, so-called core inflation matched the smallest monthly increase in nearly two years. The inflation figure the government reported Thursday showed that consumer prices increased 3.2% from a…

Thanks for reading Providence Business News. Create your free account or log in to continue reading.


Register Now Already a Subscriber? Login now


 

If you have already logged in and are still seeing this message, please refresh the page as your browser is caching the old content.

- Advertisement -

Purchase NowWant 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.

No posts to display