Amplify’d from allamericaninvestor.blogspot.com
The Consumer Price Index for All Urban Consumers (CPI-U) increased0.5 percent in July on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.6 percent before seasonal adjustment.
The gasoline index rebounded from previous declines and rose sharply in July, accounting for about half of the seasonally adjusted increase in the all items index. The food at home index accelerated in July and also contributed to the increase, as dairy and fruit indexes posted notable increases and five of the six major grocery store food groups rose.
Original content Bob DeMarco, All American InvestorRead more at allamericaninvestor.blogspot.com
See this Amp at http://bit.ly/o5ZeD5