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Consumer prices jump, industrial production falls

Submitted by Supreme Arthur | 9 months ago

AP - Consumer prices shot up in June by the largest amount in 11 months, reflecting the biggest jump in gasoline prices in nearly five years.

The Labor Department said Wednesday that inflation at the consumer level rose by 0.7 percent last month, slightly higher than the 0.6 percent increase that economists were expecting. It was the biggest one-month gain since a 0.7 percent increase last July.

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Patriot Watch (Independent) - 9 months ago

just wait. the liberal inflation will be like non seen before in this country. Is Obama gonna buy Jewel, Piggly wiggly, albertosons, Cosco and Sams club so he canfeed us all when there is less jobs than there is today

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