Key inflation indicator jumps 3.6 percent, fastest rise in 30 years

Friday, August 27, 2021 | Tag Cloud Tags: , , ,

dollar up recovery worthy christian news

(Worthy News) – A key inflation indicator rose 3.6 percent in July from last year — its biggest year-over-year jump in 30 years — as costs continued to build in the US , the feds said Friday.

The Commerce Department’s core personal consumption expenditures index has risen over a 12-month period, the most since May 1991. The reading met expectations from economists surveyed by Dow Jones.

The core index, which excludes volatile food and energy costs, rose 0.3 percent from June, slightly slower than the 0.4 percent increase seen from May to June, the Commerce Department reported. [ Source: New York Post (Read More…) ]

We're being CENSORED ... HELP get the WORD OUT! SHARE!!!
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News