US inflation slows from 40-year peak, consumer prices ease to 8.5%
Edited By WION Video Desk
Published: Aug 11, 2022, 24:35 IST | Updated: Aug 11, 2022, 24:35 IST
The US inflation has eased more than expected but still towering 400 percent higher than the Fed's annual inflation target. The consumer prices in July slowed down to 8.5 percent from 9.1 percent.
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