Petrol station signboards display prices in Maryland. The Federal Reserve raised interest rates to a 22-year high last month in its bid to quell the high cost of goods. AFP
Petrol station signboards display prices in Maryland. The Federal Reserve raised interest rates to a 22-year high last month in its bid to quell the high cost of goods. AFP

Business

Economy

CPI report: US inflation rises less than expected for July

Consumer Price Index increased 0.2% last month and 3.2% annually

Kyle Fitzgerald
Kyle Fitzgerald
Washington

August 10, 2023

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