In July, inflation in the US rose for the first time in a year, reaching 3.2% – Kommersant

In July, inflation in the US rose for the first time in a year, reaching 3.2% - Kommersant

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According to the results of July, consumer prices in the US rose by 3.2% in annual terms against 3% in June, follows from the data of the US Department of Labor (pdf).

The department noted that the figure rose due to the housing price index. It accounted for almost 90% of the total increase in the consumer price index.

Record inflation in the US was recorded last year. In June 2022, it reached its highest level in the last 40 years – 9.1%. Then inflation in the US began to decline.

About the American economy – in the material “Kommersant” “The United States has moved the second step”.

Olesya Pavlenko

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