Core Inflation Highest in Decade; Consumer Prices Rose 0.2% in July

Inflation in the United States grew modestly in July and remained vigorous from a year earlier, according to government data released Friday, August 10, 2018.

Annual increases in overall consumer prices were driven mostly by higher energy and somewhat by food costs. Stripping the two items, however, still had core prices marching at their quickest pace in a decade. Continue reading Core Inflation Highest in Decade; Consumer Prices Rose 0.2% in July