Consumer prices jump 1.1 percent in June
Consumer prices surge in June at fastest pace in 26 years, reflecting soaring energy costs
AP
July 16, 2008
WASHINGTON (AP) -- Consumer prices shot up in June at the fastest pace in 26 years with two-thirds of the surge blamed on soaring energy prices.
The Labor Department reported that consumer prices jumped 1.1 percent last month, much worse than had been expected. Energy prices rocketed upward by 6.6 percent, reflecting big gains for gasoline, home heating oil and natural gas.
...
Full Story:
http://biz.yahoo.com/ap/080716/economy.html?.v=6
Site Information
About Us
- RonPaulForums.com is an independent grassroots outfit not officially connected to Ron Paul but dedicated to his mission. For more information see our Mission Statement.
Connect With Us