US Inflation Remains Subdued in July

U.S. inflation at the consumer level rose slightly in July and the annual rate of inflation picked up modestly, according to a report released by the Labor Department on Friday, August 11, but gains were softer than expected.

Rising costs in food, medical care, clothing, housing and transportation were mostly offset by falling prices in other areas like energy and vehicles. Continue reading US Inflation Remains Subdued in July