US Inflation Jumps in June 2013, Annual Inflation Rate Hits 1.8%

US inflation in June jumped by the biggest amount in four months as American consumers forked over more cash to buy groceries and gas, a government report showed on Tuesday.

It wasn’t just food and prices at the pump causing more pain to the pocket book. Prices for cloths, shelter, medical care and new cars also advanced. Continue reading US Inflation Jumps in June 2013, Annual Inflation Rate Hits 1.8%