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Report: Inflation rises 3.2% from last year | Morning in America
Posted
August 10, 2023
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1,272
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August 10, 2023
1,272
15
11
2.04%
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Aug 10, 20231:24Now PlayingInflation in the United States rose in July after 12 straight months of declines, boosted by costlier housing. But excluding volatile food and energy prices, so-called core inflation rose just 0.2% from June, matching the smallest monthly increase in nearly two years. The inflation figure the government reported Thursday showed that consumer prices increased 3.2% from a year earlier. Lydia Moynihan discusses what this means for America's economy.
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