Inflation Rate Rises Above 9 In June Driven By High Energy And Food Prices
According to the Consumer Price Index Summary, other notable gains include the price of gas, up 11.2% for the year ended in June, and the price of food increased by 1%. In addition, according to real estate data firm Rent, the cost of renting a one-bedroom apartment increased by 25.5% in June compared to the same period last year, while the rent for a two-bedroom apartment increased by 26.8%. In addition, Wednesday’s BLS report stated that its energy index rose 7....