US EditionPersonal Consumer Index Reveals 2.6% Increase
PORTUGAL, JUL 31 – The national inflation rate climbed to 2.6 percent in July, reflecting a rapid increase in consumer prices across the country, economists report.
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KHQ Right NowPersonal Consumer Index reveals 2.6% increase
Washington D.C. - The Federal Reserve's key inflation measure has shown that inflation rates rose in June, surpassing analysts' expectations. The Personal Consumer Expenditure Index revealed a 2.6% increase from the previous year. This is notably higher than the anticipated 2.5% increase and exceeds May's 2.4% rise. It marks the largest inflation increase in the
A rise in the value of foodstuffs contributed to the rise in inflation in July, the fourth consecutive month in which prices were recorded.
According to the information provided by the Institute, the difference in the Consumer Price Index (IPC) between July this year and July 2024 was 2.6%. The difference in June was 2.4%, which means that in July the homologous difference was 0.2 percentage points above the observed in the previous month. The rate of inflation for 2.6% in July was first shown in the National Folha.
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