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[Cool] //@PearlynCSY: Inflation rose 9.1% in June, even more than expected, as consumer pressures intensify. The consumer price index increased 9.1% from a year ago in June, above the 8.8% Dow Jones estimate.Excluding food and energy, core CPI rose 5.9%, compared with the 5.7% estimate.Costs surged for gasoline, groceries, rent and dental care.Adjusted for inflation, workers’ hourly wages fell 1% during the month and are down 3.6% from a year ago.Shoppers paid sharply higher prices for a variety of goods in June as inflation kept its hold on a slowing U.S. economy, the Bureau of Labor Statistics reported Wednesday. Taken together, the numbers seemed to counter the narrative that inflation may be peaking, as the gains were bas
U.S. Consumer Price Index Surges 9.1% in June, Hottest Rate in Over 40 Years
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OK//@PearlynCSY: Inflation rose 9.1% in June, even more than expected, as consumer pressures intensify. The consumer price index increased 9.1% from a year ago in June, above the 8.8% Dow Jones estimate.Excluding food and energy, core CPI rose 5.9%, compared with the 5.7% estimate.Costs surged for gasoline, groceries, rent and dental care.Adjusted for inflation, workers’ hourly wages fell 1% during the month and are down 3.6% from a year ago.Shoppers paid sharply higher prices for a variety of goods in June as inflation kept its hold on a slowing U.S. economy, the Bureau of Labor Statistics reported Wednesday. Taken together, the numbers seemed to counter the narrative that inflation may be peaking, as the gains were based across
U.S. Consumer Price Index Surges 9.1% in June, Hottest Rate in Over 40 Years
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