Wednesday, August 11, 2021

Oh, Yeah - Prices Still Rising At Record Pace!

The Labor Department said Wednesday that consumer prices rose 5.4% year over year in July, matching the prior month's gain as the fastest since August 2008.  

Prices for shelter, food, energy and new vehicles all increased in July. The food index rose 0.7% while the energy index rose 1.6%, buoyed by a 2.4% gain in gasoline prices. 

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