How high is inflation and what causes it? What to know4 min read . Updated: 11 Aug 2022, 07:15 PM IST
The consumer-price index eased slightly to 8.5% in July, close to a four-decade high, as strong demand collides with supply shortages
U.S. inflation eased slightly to 8.5% in July, but remained close to a four-decade high despite cooling energy prices.
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