Tracking inflation

2022-08-06T07:00:00.0000000Z

2022-08-06T07:00:00.0000000Z

WEHCO Media

https://newstribune.pressreader.com/article/281741273186937

BUSINESS

The Labor Department delivers its latest monthly index of inflation at the consumer level Wednesday. Americans continue to face higher costs, reflected in a run of sharp annual increases in the consumer price index since summer last year. Prices for U.S. consumers jumped 9.1% in June from a year earlier, the biggest yearly increase since 1981, with energy costs driving much of the gain. Economists predict the consumer price index rose 8.7% in the 12 months ended in July.

en-us