U.S. CPI eases to 3.4% while wages stall, tightening budgets

Inflation surge has squeezed shoppers. Sluggish pay has made it worse

ABC News - Breaking News, Latest News and Videos • 13 Օգս 20:27

July consumer price inflation fell to 3.4% year-over-year, but wage growth slipped to a five-year low of 3.2%, leaving real purchasing power unchanged and prompting higher reliance on savings and credit.

Wholesale price inflation slows last month as gas, food costs fall

AP News • 13 Օգս 14:19

The Labor Department reported that the producer price index rose 4.7% year-over-year in July, down from 5.5% in June, with core wholesale inflation falling to 4.2% and overall monthly prices unchanged.

There's A Big Sign Consumer Inflation Could Grind Lower In The Months Ahead

huffpost.com • 13 Օգս 13:06

The Labor Department reported a drop in the producer price index for July, suggesting that consumer inflation may moderate in the coming months.

Wholesale prices were flat in July, below expectations for 0.2% increase

CNBC • 13 Օգս 12:33

The producer price index held steady in July, falling short of the expected 0.2% rise, while core measures showed modest gains.

July CPI inflation: Consumer price growth cooled but remained elevated

Fox Business • 12 Օգս 14:53

The Bureau of Labor Statistics reported that the consumer price index rose 0.1% in July and 3.4% year-over-year, indicating a slight slowdown in inflation while price growth stays above the Federal Reserve's target.

US annual inflation cooled to 3.4% in July as gas prices ease

CNN • 12 Օգս 12:35

The Consumer Price Index showed annual inflation at 3.4% in July, helped by lower gasoline and grocery prices, while core inflation held at 2.5% and the labor market remained tight.

US consumer prices likely increased moderately in July as gasoline prices eased

Yahoo Finance • 12 Օգս 04:02

Economists forecast a modest 0.1% rise in July's CPI, driven by lower gasoline costs, while core inflation is projected to stay above the Federal Reserve's 2% target.

Mixed economic signals heighten the focus on new inflation data

AP News • 12 Օգս 04:01

Economists expect July consumer prices to rise 3.4% year-over-year, a slight decline from June, as the Federal Reserve and lawmakers watch for signs of cooling inflation.