July inflation index beats economists’ projections

FAN Editor 4 years ago

July inflation index beats economists’ projections – CBS News

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The markets are reacting positively to data from the Labor Department. It shows a slightly slower year-over-year inflation rate than economists had feared. Overall, prices are up 5.4% compared to July of last year. CBS News Reporter Sarah Ewall-Wice has more on what the July Consumer Price Index means for the state of the U.S. economy.

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