Selasa, 16 Juli 2013

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US inflation rises to 1.8% in June

US shoppers

US consumer inflation hit 1.8% in June as clothing, petrol and transportation and services costs all increased.

That was up from the 1.4% figure recorded in May but still below the target inflation figure of 2%.

The consumer price index increased by 0.5% month on month.

The US economy is growing more strongly than most of Europe, but unemployment has put downward pressure on wages, making it harder for retailers and other firms to raise prices.



Source: BBC News - Business http://www.bbc.co.uk/news/business-23328472#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa