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Inflation Rate Steady at 8.5%, The food index increased 10.9 % over the last year, the largest 12-month increase since the period ending May 1979

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the staff of the Ridgewood blog

Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in July on a seasonally adjusted basis after rising 1.3 percent in June, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.5 percent before seasonal adjustment.

Continue reading Inflation Rate Steady at 8.5%, The food index increased 10.9 % over the last year, the largest 12-month increase since the period ending May 1979