Wall Street Journal (07/22/14) Ben Leubsdorf; Sarah Portlock
Consumer prices rose again in June, but the pace slowed and prices were driven largely by increasing fuel costs, the latest proof of firming inflationary pressures. The consumer price index increased a seasonally adjusted 0.3% in June from May, according to the U.S. Department of Labor. Excluding the volatile food and energy categories, the index increased 0.1%. Economists polled by the Wall Street Journal had forecast a 0.3% gain for the index and a 0.2% rise excluding food and energy.
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