Economy Aug 11

Used Car Prices Rise 17 Percent
U.S. consumer prices rose in July but at slower pace

Prices for U.S. consumers rose last month but at the slowest pace since February, a sign that Americans may gain some relief after four months of sharp increases that have imposed a financial burden on the nation's households.

Consumer prices in the U.S. ticked upward this March, climbing more than expected as Americans paid slightly more for food and rental housing. The hike suggests improving consumer demand, and may alleviate concerns among some Federal Reserve officials…