Inflation Rate Grows, Driven By Energy, Food Costs
August 15, 2008 7:30 a.m.
E-mailThe Department of Labor says inflation is growing at the fastest rate in 17 years. The Consumer Price Index was up about 5.5 percent from a year ago. Energy and food prices drove the increase in July. With oil prices falling, inflation could slow in August, but the pain may linger.
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