TechFlow News, July 18, U.S. President Trump stated that June inflation data brings exciting good news! The monthly CPI rate saw the largest drop in six years. June CPI was lower than the forecasts of every economist surveyed by Bloomberg (67 in total). Prices for various goods such as gasoline, electricity, auto insurance, hotels, and prescription drugs all declined. With strong wage growth and falling prices, real wages increased significantly by 0.8%. As investment continues to flow into the U.S., factory construction expands rapidly, manufacturing employment increases, and prices continue to fall, we have so much to be proud of—America's golden age has arrived!
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