Inflation at the consumer level increased 0.5% in July, higher than the 0.2% increase economists had been expecting. Excluding the food and energy component, prices were up 0.2% on the month as expected.
From Fox News
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Wonder what the REAL inflation rate is? You know, the one before they took food and energy costs out of the formula. What administration did that? Could it have been Obama's? Seriously, was it him? I really don't remember.
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