inflation rate

The Department of Labor says inflation is growing at the fastest rate in 17 years. The Consumer Price Index was up about 5.5 percent from a year ago.

Energy and food prices drove the increase in July. With oil prices falling, inflation could slow in August, but the pain may linger.

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US prices rose by 5.6% in the year to July, the fastest inflation rate for more than 17 years, figures show.

The UK's inflation rate jumped to 4.4% in July, up from 3.8% in June and more than twice the government's target of 2%.

US inflation rose at the fastest rate in 26 years during June, pushed higher by surging energy prices, figures show.

Inflation hits a 13-year high in India, as the rising cost of food and oil continue to pressure prices.

Pakistan's main stock index falls almost 5% after interest rates jumped to 12.5% from 10% to slow the inflation rate.

India's inflation rate accelerates to its highest since 2004 because of rising food and fuel costs.

India's inflation rate reached 7.4% in March, the highest level in almost four yeas, figures show.