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Saturday, November 26, 2022
HomeNewsEconomyConsumer Price Index (CPI) Rises Less than Median Forecast

Consumer Price Index (CPI) Rises Less than Median Forecast


(Photo: REUTERS)

The Labor Department reported on Friday that the Consumer Price Index, gauging prices at the consumer level, rose by just 0.2% in June. Prices were expected to increase by 0.3%. Excluding the volatile food and energy components, prices were also 0.2% higher, that estimate was for a rise of 0.2% matching expectations.

[brid video=”54891″ player=”2077″ title=”Stuart Varney Consumer Prices Rise 0.2% in May”]

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PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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