US economy grows 2.2% in Q2
The U.S. economy grew by 2.2% in the second quarter of the year, surpassing expectations of 2.1%. The increase was driven by higher consumption, investment, and government spending. Inflation rates rose to 5% overall and 3.3% for the core index excluding food and energy. This growth reflects the recovery of the American economy amidst rising inflation, with a positive revision of 0.7 percentage points from previous estimates.
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