Wall Street Journal (08/19/15) Eric Morath; Josh Mitchell
U.S. consumer prices rose in July for the sixth consecutive month, a signal mild inflation pressure is building. The consumer-price index increased a seasonally adjusted 0.1% in July from a month earlier, according to the U.S. Department of Labor. Excluding the energy and food categories, core prices also rose 0.1%. Economists polled by the Wall Street Journal had forecast both measures would rise 0.2%.
Overall prices increased 0.2% from a year ago, marking the second consecutive month of year-to-year price gains. Core prices were up 1.8% from a year ago.