Overall And Core CPI Both Rise 0.6 Percent In July As Price Reversals Continue – Analysis

Overall And Core CPI Both Rise 0.6 Percent In July As Price Reversals Continue – Analysis

Eurasia Review

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The overall Consumer Price Index (CPI) rose 0.6 percent in July, the same as the rate in June. The core CPI rose 0.6 percent in July after rising 0.2 percent in June. Over the last year the indexes are up 1.0 percent and 1.6 percent, respectively.

The inflation of the last two months is overwhelmingly a story of bounce-back...

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