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8/15/2012 9:00:00 AM Write a Letter to the Editor Write a letter to the Editor

Consumer Price Index Unchanged in July

The consumer price index was unchanged in July, for a second month, the Labor Department said Wednesday.

Economists had called on a 0.2% increase, Bloomberg reported.

The core CPI rate excluding food and energy rose 0.1% in July.

Almost 60% of the CPI covers prices consumers pay for services. If consumer prices are climbing, it could reflect an increase in demand for consumer goods, which increases the demand for trucking services.

By Transport Topics

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