News Column

US Consumer Prices Remain Unchanged in July

August 15, 2012
Prices

Consumer prices in the United States remained unchanged in July on a seasonally adjusted basis, government statistics showed Wednesday.

Over the last 12 months, the overall inflation rate had remained 1.4 per cent before seasonal adjustment, the Bureau of Labor Statistics said.

The cost of energy fell 0.3 per cent in July as prices of electricity, natural gas and fuel oil fell, even as petrol prices rose slightly. The cost of food and other items ticked up slightly.

The cost of all items, excluding volatile food and energy costs, rose 0.1 per cent in July.


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Source: Copyright 2012 dpa Deutsche Presse-Agentur GmbH


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