Link Inflation Fell Further In July as Prescription Drugs, Gasoline, and Grocery Prices Decline The consumer price index rose 0.1 percent compared with June, the Department of Labor said Wednesday. Compared with a year ago, the consumer price index is up 3.4 percent. | Economy breitbart.com

US inflation continued to fall in July, with notable price declines in prescription drugs, gasoline, and groceries. The consumer price index saw a modest 0.1 percent rise compared to June, and a 3.4 percent increase year-over-year.