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Inflation Lower Than Expected at 3.2%

 9 months ago
source link: https://www.trustnodes.com/2023/08/10/inflation-lower-than-expected-at-3-2
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Inflation Lower Than Expected at 3.2%

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The board of Federal Reserve Banks, 2020

The board of Federal Reserve Banks, 2020

Inflation in July came at 3.2% year on year according to the Bureau of Labour Statistics, lower than analysts' expectations of 3.3%. It was 0.2% month on month, unchanged from June.

"Over the last 12 months, the all items index increased 3.2 percent before seasonal adjustment," the Bureau said.

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