Consumer Prices in the U.S. Probably Climbed at a Slower Pace Last Month

(Bloomberg) -- Consumer prices in the U.S. rose in
June at the slowest pace in seven months as gasoline prices
retreated from a record, economists said before a report today.

Prices rose 0.1 percent last month after a 0.7 percent gain
in May, according to the median estimate in a Bloomberg News
survey of 78 economists before the Labor Department's report.
Core prices, which exclude food and energy, rose 0.2 percent
after a 0.1 percent gain, the survey showed. A separate report
today may show homebuilders started work on fewer houses.


Read more at Bloomberg Currencies News