Salem Radio Network News Sunday, December 28, 2025

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US inflation rises for the first time in a year to 3.2% rate, but underlying measures remain mild

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( ) -q-20- UNDATED (Correspondent Jeremy House) “nearly two years.”

Inflation in the United States rose in July after 12 straight months of declines.

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TAG: CorrespondentThe July inflation figure remained far below last year’s peak of 9.1%, though still above the Federal Reserve’s 2% target.

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VERBATIM: The government reports the inflation figure showed that consumer prices increased 3.2% from a year earlier. The increase was boosted by costlier housing. But excluding volatile food and energy prices, so-called core inflation rose just 0.2% from June, matching the smallest monthly increase in nearly two years.

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