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.
Exclusive Guide to Factoring for Staffing Companies
Whether your firm needs working capital to hire new talent, maximize a marketing opportunity, or extend client payment terms, factoring allows staffing companies to convert unpaid invoices into cash today. Download now to get answers to the top 10 questions related to accessing working capital via invoice financing.