Inflation rate declines a bit to 8.5% in July as gas prices drop

FAN Editor 3 years ago

Inflation rate declines a bit to 8.5% in July as gas prices drop – CBS News

Watch CBS News


The annual inflation rate was 8.5% in July, a slight dip from the four-decade high of 9.1% in June. CBS News reporter Sarah Ewall-Wice breaks down what this means for American consumers.

View CBS News In

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.

Free America Network Articles

Leave a Reply

Next Post

U.S. stocks soar after inflation falls more than expected in July

Wed Aug 10 , 2022
Stocks on Wall Street soared on Wednesday after inflation cooled more than expected last month, sparking speculation the Federal Reserve may not have to be as aggressive about hiking interest rates as feared. The S&P 500 was up 73 points at 4,196, or 1.8%, as of 12:30 Eastern Time, amid […]

You May Like