Aaj TV English News - News https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Thu, 09 Apr 2026 08:53:53 +0500 Thu, 09 Apr 2026 08:53:53 +0500 60 US prices rose 4.2% as economy bounces back from last year's downtrend https://english.aaj.tv/news/30265572/ <p><strong>WASHINGTON: A key US inflation gauge continued to climb last month and income shot higher as the economy bounces back from last year's downturn, according to government data released Friday.</strong></p> <p>The personal consumption expenditures (PCE) price index rose at a rapid 4.2 percent pace in July compared to the same month in 2020, slightly faster than the rate in June, the Commerce Department said.</p> <p>Meanwhile, income rose 1.1 percent compared to the month prior, far above analysts' expectations.</p> WASHINGTON: A key US inflation gauge continued to climb last month and income shot higher as the economy bounces back from last year's downturn, according to government data released Friday.

The personal consumption expenditures (PCE) price index rose at a rapid 4.2 percent pace in July compared to the same month in 2020, slightly faster than the rate in June, the Commerce Department said.

Meanwhile, income rose 1.1 percent compared to the month prior, far above analysts' expectations.

]]> https://english.aaj.tv/news/30265572 Fri, 27 Aug 2021 18:04:04 +0500 none@none.com (AFP)