Con­sumer prices up from last year

The Norwalk Hour - - BUSINESS -

Con­sumer prices rose in June from a year ear­lier at the fastest pace in more than six years, lifted by more ex­pen­sive gas, car in­sur­ance and higher rent. The La­bor Depart­ment said Thurs­day the con­sumer price in­dex ticked up just 0.1 per­cent in June. But in­fla­tion jumped 2.9 per­cent from a year ear­lier, the largest an­nual gain since Fe­bru­ary 2012.

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