There are signs US inflation may have passed its peak as the July increase in consumer prices slowed from June's four-decade high. Consumer prices were up 8.5 per cent last month from a year earlier – slowing from 9.1 per cent in June. Price pressures eased across energy sectors, gas prices, airfares, and apparel while grocery costs rose.
from Latest World News Headlines | Daily Telegraph https://ift.tt/l5N9izr
Wednesday, August 10, 2022
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