ML-Implode News - U.S. Consumer Prices Begin to Percolate

U.S. inflation appears to be firming as housing and medical costs rise while the effects of low energy prices and a strong dollar slowly fade.
The consumer-price index, which measures what Americans pay for everything from shelter to sweets, increased a seasonally adjusted 0.2% in June from the prior month, the Labor Department said Friday. It had climbed 0.2% in May and 0.4% in April.
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While the monthly figures remain fairly tame, the broader trend suggest prices gains are accelerating in some key categories, especially services. Prices excluding food and energy climbed 2.3% from a year earlier, matching the highest level since May 2012.

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U.S. Consumer Prices Begin to Percolate