US inflation logged at 0.5%
Play
Washington (dpa) - Consumer prices in the United States rose a seasonally adjusted 0.5 per cent in June, the US Bureau of Labour Statistics said Tuesday.
The largest inflation jump in four months was driven largely by a rise in petrol prices, which accounted for about two-thirds of the increase, the Labour Department said.
The increase in inflation could give the Federal Reserve room to act as it looks to ease some of its stimulus programmes.
