WASHINGTON — The consumer price index rose 0.5% in July on a seasonally adjusted basis, the Labor Department reported Thursday, after an unrevised 0.2% decline in June.
Core consumer prices, excluding food and energy were up 0.2% in July after a revised 0.3% increase in June.
Economists polled by Thomson Reuters had a median estimate of a 0.2% increase for both the overall and core numbers.