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July inflation eased, despite recent energy shocks
['Wed', 'August', 'At Pm Gmt', 'Min Read']
Yahoo Finance
On a monthly basis, prices rose 0.1% from June after a surprise 0.4% drop.
Broader energy prices declined 1.5%.
Prices for food away from home, a category that includes restaurant meals and fast food, rose 0.3% month over month.
Most food prices are volatile, but health officials are investigating a 15-state outbreak of cyclospora infections linked to iceberg lettuce.
Core inflation, which strips out volatile food and energy prices, was up 2.5% from a year ago, and 0.2% from June.