CPI read: Air fares break higher in July after three months of declines

13 hours ago 1
Delta Air Lines Airbus A330-300 airplane

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Airfares in the U.S. broke a streak of declines with a 0.7% increase in July compared to a year ago on an unadjusted basis. Overall, core inflation was up 3.1% year-over-year during the month.

On a month-to-month comparison, airfares were up

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