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Page 4 - Retail Inflation Rate News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Government to release data on June retail inflation today

Retail inflation above 6% for 6 months in a row, rising food costs a major concern now

The retail inflation in June was recorded at 7.01 per cent, improving slightly from 7.04 per cent in May.

FOXNEWS Your World With Neil Cavuto June 4, 2024 20:07:00

retail inflation rate will be running at about a 9% clip. each month every month for at least four months. what do you think of that? we disagree. our feeling is that we are very slowly likely to see this year percentage change and average about 7% by the fourth quarter of this year. but our feeling is that we re not likely to go to 9% or above. i think that s why our belief is that we ll be seeing the fed funds rate approaching 3.5%. at the same time, i think the tone of the question is are we headed for a recession and a bare market and history would say yes, the five times in the past when headline cpi was a above 6.5%, every time we fell into a recession. martha: neil: all right. thanks, sam. sorry on the aging. just dawned on me wore about the

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