U.S. Core Inflation in June Logs Biggest Increase in 17 Months

Underlying or core inflation in the United States firmed in June with solid increases in shelter, auto and clothing prices but, overall, inflation remained relatively tame for the month and year according to government figures released Thursday, July 11, 2019.

On an annual basis, two key consumer pricing categories diverged with food costs higher and energy prices markedly lower. Continue reading U.S. Core Inflation in June Logs Biggest Increase in 17 Months