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Voices/CBS News/July inflation index beats economists' projections

CBS News

@CBSNews·7M subscribers·153.5K videos

July inflation index beats economists' projections

Posted

August 12, 2021

Views

4,493

Likes

60

Comments

124

Engagement

4.10%

July inflation index beats economists' projections · CBS News · Sentinel

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YouTube Description

as posted by the channel

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.

CBSN is CBS News’ 24/7 digital streaming news service featuring live, anchored coverage available for free across all platforms. Launched in November 2014, the service is a premier destination for breaking news and original storytelling from the deep bench of CBS News correspondents and reporters. CBSN features the top stories of the day as well as deep dives into key issues facing the nation and the world. CBSN has also expanded to launch local news streaming services in major markets across the country. CBSN is currently available on CBSNews.com and the CBS News app across more than 20 platforms, as well as the Paramount+ subscription service.

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