Inflation cooled last month as gas prices fell, though costs remain elevated

Inflation cooled last month as gas prices fell, though costs remain elevated  AP News

U.S. inflation slowed last month and a measure of underlying price pressures also cooled, as higher oil and gas prices had a limited impact on broader costs in the economy.

U.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the Iran war are only having a limited impact on broader costs in the economy.

Inflation Cooled Last Month As Gas Prices Fell, Though Costs Remain Elevated  HuffPost

Energy is cheaper than at its peak in late April, but gas is still nearly $1 a gallon more expensive than before the Iran war US consumer prices cooled slightly in July as the annualized inflation rate dipped down to 3.4%, though prices still remain higher than levels seen before the war with Iran. Though inflation dec

Inflation cooled last month as gas prices fell, though costs remain elevated