US Consumer Prices Rise In Line With Estimates In July

WASHINGTON (Alliance News) - Consumer prices in the US showed a modest increase in the month of ...

Alliance News 10 August, 2018 | 1:39PM
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WASHINGTON (Alliance News) - Consumer prices in the US showed a modest increase in the month of July, according to a report released by the Labor Department on Friday.

The Labor Department said its consumer price index rose by 0.2% in July after inching up by 0.1% in June. The increase in prices matched economist estimates.

Excluding food and energy prices, the core consumer price index also edged up by 0.2% in July, matching the increases seen in the two previous months as well as expectations.

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