Philadelphia's News Source
The Consumer Price Index increased 0.3% in June, compared to the previous month, the Labor Department reported Tuesday.
Consumer prices rose 2.7% in June compared to 12 months earlier, the department’s Bureau of Labor Statistics also reported.
The numbers were in line with Wall Street expectations.
The annualized rate, which was 2.4% in May, is the highest since February.
The increase from May to June was 0.1%, according to the BLS report.
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The Federal Trade Commission (FTC) on Monday sued a ticket broker for allegedly using fraud to purchase tickets for high-profile performances, including Taylor Swift’s Eras’ […]