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5 Key Takeaways: Inflation Rises to 2.7% in June
The annual inflation rate in the United States rose to 2.7% in June—its highest level since February, according to the U.S. Labor Department's consumer price index (CPI) data released on July 15. The increase is driven by higher housing costs and higher prices for essential items like gas and groceries.
Inflation is speeding up after a period of cooling down earlier this year.
US inflation heated back up in June, rising to its highest level in four months, as higher prices — including those from tariffs — packed a bigger punch.
US stocks end mixed after June inflation data and mixed earnings pressured the Dow and S&P 500. Nvidia powers Nasdaq to ...
The core consumer price index (CPI), which excludes the volatile food and energy components, rose 0.2% month-on-month.
4don MSN
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