US inflation rises for the first time in a year to 32 rate but underlying measures remain mild

US inflation rises for the first time in a year to 32 rate but underlying measures remain mild

WASHINGTON — Inflation in the United States rose in July after 12 straight months of declines, boosted by costlier housing. But excluding volatile food and energy prices, so-called core inflation matched the smallest monthly increase in nearly two years. The inflation figure the government reported Thursday showed that consumer prices…Read More

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