US inflation is at a 13-year high

By: Trademagazin editor Date: 2021. 08. 11. 11:10

U.S., inflation stopped at a 13-year high in the previous month in July, according to a Wednesday report by the Bureau of Labor Statistics in Washington.

In July, consumer prices in the United States rose to 5.4 percent, the same as the previous month’s annual price increase. The market expected a slight decline in inflation, a 5.3 percent price increase, for July.

Compared to the previous month, consumer prices rose 0.5 percent in July, and the monthly price increase was 0.9 percent in the previous month. (MTI)