U.S. June Consumer Prices Rose Sharply as Reopenings Prompted More Buying


(From The Wall Street Journal)

U.S. consumer prices rose sharply in June while states were broadening efforts to reopen, with costs snapping back for products and services that were hit hard by the coronavirus pandemic.

The consumer-price index—which measures what Americans pay for everyday items including groceries, clothing and shelter—rose 0.6% in June, the Labor Department said Tuesday.

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This article was originally posted here: https://www.ac2news.com/2020/07/u-s-june-consumer-prices-rose-sharply-as-reopenings-prompted-more-buying/.

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