US Inflation in June Gains; Annual Inflation Rate Hits 0.1%

US inflation in June climbed for a fifth month in a row, and sharply for a second straight month, as American consumers paid more for a broad range of goods to include gasoline, food and housing.

The increases drove the annual rate of inflation into positive territory for the first time in 2015, according to government data released on Friday, July 17. Continue reading US Inflation in June Gains; Annual Inflation Rate Hits 0.1%