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Market Outlook 2015: Oil Joins Gas in the Spotlight

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Inflation Hits Annual Pace Not Seen Since 1991

Consumer prices rose at twice the rate expected in July to post the fastest rate of year-over-year growth in 17.5 years, pushed up by costlier energy and food, a government report shows.

The Labor Department said the Consumer Price Index, considered a crucial gauge of inflation, rose 0.8% in July after a 1.1% jump in June.

Source: Reuters

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Valve Magazine Digital Edition

14 SUM CVR 160x214Inside the Summer 2014 issue…

• Attracting Talent
• Advances in Machining
• Severe Service in Power Plants
• SIS Tests and Standards

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