Key inflation indicator jumps 3.6 percent, fastest rise in 30 years - NewsBreak
By Sain in Business
Updated 3 years ago
A key inflation indicator rose 3.6 percent in July from last year — its biggest year-over-year jump in 30 years — as costs continued to build in the US economy, the feds said Friday. The Commerce Department's core personal consumption expenditures index has risen over a 12-month period, the most...
