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July 19, 2006

U.S. Consumer Prices Continue To Climb

U.S. Consumer prices continued to rise in June, leading to speculation that the Fed will raise interest rates again when it meets next month.

The U.S. Consumer Price Index climbed 0.2% in the month, following a 0.4% rise in May.

Meanwhile, June wholesale prices for U.S. –made apparel and textiles increased 1.3% compared to a year ago.

Posted by Blacks on July 19, 2006 08:27 AM

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