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A woman checks an item from the meat department in a supermarket
A woman checks an item from the meat department while grocery shopping at a supermarket in Alhambra, California, on July 13, 2022.

FREDERIC J. BROWN/AFP via Getty Images

  • US stocks climbed on Thursday as traders digested inflation data for July. 
  • The Consumer Price Index showed inflation rose 3.2% last month, slower than economists expected. 

US stocks jumped on Thursday as July Consumer Price Index data showed inflation rose last month at a slower rate than economists were predicting. 

Tags
Markets, MI Exclusive, Stock Market, stock market news, Inflation, CPI
Source
US stocks rise after CPI shows inflation came in cooler than expected in July