US inflation eases as consumer prices rise 6.3% in July

Consumer prices rose 6.3% in July from a year earlier after posting an annual increase of 6.8% in June, the biggest jump since 1982. Inflation eased last month as energy prices tumbled, raising hopes that a surge in prices increases may have peaked. According to a Commerce Department report Friday …

US inflation eases as consumer prices rise 6.3% in July Read More