Dow Jones Stocks- Inflation Rate

Revealed that inflation increased to a 41-year-high of 9.1 percent, while gasoline prices increased.

U.S. stock indexes opened significantly lower on Wednesday following the consumption price index.

Dow Jones Stocks- Indices Graph

In June, the soaring cost of gasoline caused the rate of U.S. inflation to 9.1 percent, nearly 41-year-high.

Dow Jones Stocks- Gasoline Price

Inflation, which is the subject of the consumer price index report is still the primary concern.

Dow Jones Stocks- Consumer Price

Economic experts interviewed in The Wall Street Journal had predicted an increase of 1.1 percent increase.

Dow Jones Stocks- Economic Experts

The CPI was up 1.3 percent in June to be the third time in the past four months that it has exceeded.

Dow Jones Stocks- CPI Was Up

We continue to see new record highs for inflation and it will weigh heavily on the markets," Greg Bassuk.

Dow Jones Stocks- New Record High

"We witnessed last month when CPI exceeding expectations, and which was worrying on the risk side for assets.

Dow Jones Stocks- Expectations

Image Source-Investopedia,Streetregister

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