US Consumer Prices Inch Up Less Than Expected In June

WASHINGTON (Alliance News) - Consumer prices in the US edged slightly higher in the month of ...

Alliance News 12 July, 2018 | 1:42PM
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WASHINGTON (Alliance News) - Consumer prices in the US edged slightly higher in the month of June, the Labor Department revealed a closely watched report released on Thursday.

The Labor Department said its consumer price index inched up by 0.1% in June after rising by 0.2% in May. Economists had expected consumer prices to increase by 0.2%.

Excluding food and energy prices, core consumer prices rose by 0.2% for the second consecutive month, matching economist estimates.

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