The annual inflation rate for the U.S. economy fell slightly in July, shows the Labor Department’s Consumer Price Index report for last month that was released Wednesday. The annualized rate in July was 3.4%, compared to 3.5% in June, according to the report, issued by the department’s Bureau of Labor Statistics.
The index is a report on the cost of goods and services across the economy including food, energy and auto insurance.
Trending
- South Carolina judge grants Alex Murdaugh change of venue for murder retrial
- Trump to declare Strait of Hormuz as U.S. territory
- Army identifies the two soldiers killed in a Texas helicopter crash
- O’Keefe, others go undercover to register voters under Minnesota ‘voucher’ law: ‘You’re the ID’
- Ex-Cambridge professor facing plagiarism allegations found dead
- Embattled and Disgraced DEI Cambridge Professor Found Dead in London – Suicide Suspected
- Dem Lawmaker Defends Hasan Piker’s ‘Free Speech’ Despite Her Own Push for Censorship
- Judge wrongly blocked DOJ investigation into ‘gender affirming’ telehealth clinic, Ninth Circuit finds
