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No Inflation Spike In The Month Of July

No Inflation Spike In The Month Of July

Newsy
Thursday, August 11, 2022 08:43:54 AM UTC

The prices of gas, groceries, cars, and other necessities are decreasing as the Biden administration announced a 0% increase for the month of July.

The Biden administration shared some welcoming news as Americans continue to feel the strain of sky-high prices and record-setting inflation. 

"Today we received news that our economy had 0% inflation in the month of July. Zero percent," said President Joe Biden. 

Prices are still going up, but not as quickly as they were before. 

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