News Column

U.S. Inflation Inched Up 0.2 Percent in July

August 15, 2013
consumer prices

Consumer prices in the United States rose by a seasonally adjusted 0.2 per cent in July, the US Bureau of Labor Statistics said Thursday.

The inflation rate for the 12 months through July was 2 per cent.

Higher prices for housing, petrol, clothing and food all contributed to the increase.

So-called core inflation, which excludes volatile food and energy prices, increased 0.2 per cent in July and 1.7 per cent in the past 12 months.

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Source: Copyright 2013 dpa Deutsche Presse-Agentur GmbH

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