Published 2 years ago

US inflation will likely stay high even as gas prices fall

Summary by Ground News

Inflation report for July expected to show 8.7% year-over-year increase. That would be a slowdown from the 9.1% figure in June, which was the highest in four decades. Falling gas prices may have helped lower price gains in July. But inflation in services such as health care, rents and restaurant meals is accelerating.

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Associated Press News

US inflation will likely stay high even as gas prices fall

WASHINGTON (AP) — Americans may finally be catching a break from relentlessly surging prices — if just a slight one — even as inflation is expected to remain painfully high for months. Thanks largely to falling gas prices , the government’s inflation report for July, to be released Wednesday morning, is expected to show that prices jumped 8.7% from a year earlier — still a sizzling pace but a slowdown from the 9.1% year-over-year figure in June,

2 years ago·United States

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abc News

US inflation will likely stay high even as gas prices fall

Americans may finally be catching a break from relentlessly surging prices — if just a slight one — even as inflation is expected to remain painfully high for months

2 years ago·United States

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Star Advertiser

U.S. inflation will likely stay high even as gas prices fall

WASHINGTON >> Americans may finally be catching a break from relentlessly surging prices — if just a slight one — even as inflation is expected to remain painfully high for months.

2 years ago·Honolulu, United States

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Live Mint

US inflation will likely stay high even as gas prices fall

Economists have forecast that Wednesday's inflation report will show that consumer prices rose 0.2% from June to July

2 years ago·New Delhi, India

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WPLG

US inflation will likely stay high even as gas prices fall

Americans may finally be catching a break from relentlessly surging prices — if just a slight one — even as inflation is expected to remain painfully high for months. Thanks largely to falling gas prices, the government’s inflation report for July, to be released Wednesday morning, is expected to show that prices jumped 8.7% from a year earlier — still a sizzling pace but a slowdown from the 9.1% year-over-year figure in June, which was the high…

2 years ago·Miami, United States

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Pioneer Press

US inflation will likely stay high even as gas prices fall

WASHINGTON — Americans may finally be catching a break from relentlessly surging prices — if just a slight one — even as inflation is expected to remain painfully high for months.Thanks largely to falling gas prices, the government’s inflation report for July, to be released Wednesday morning, is expected to show that prices jumped 8.7% from a year earlier — still a sizzling pace but a slowdown from the 9.1% year-over-year figure in June, which …

2 years ago·St Paul, United States

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