US Inflation in July Rises 0.1%, Annual Inflation Rate at 2%

US consumer prices climbed at a slower pace for a second straight month in July, pulled down by cheaper gasoline, but Americans felt the bite of inflation when paying for groceries and eating out. The month was a reversal of sorts from the previous one when prices at the pump spiked while food costs eased. Continue reading US Inflation in July Rises 0.1%, Annual Inflation Rate at 2%