Inflation eases slightly: How price increases break down
(NEW YORK) -- Inflation eased slightly in July but price increases stayed above the pace recorded before a surge in fuel prices set off by the Iran war. The reading matched economists' expectations.Prices rose 3.4% in July compared to a year earlier, marking a slight cooldown from an annual inflation rate of 3.5% in the prior month, federal government data released on Wednesday morning showed.Inflation stands more than a percentage point higher than the […]