Inflation slows in July as gas prices drop

ABC News business reporter Alexis Christoforous discusses the latest consumer price index report that shows inflation is up 8.5% in the past year and what that means for Americans’ wallets. WATCH the ABC News Live Stream Here: SUBSCRIBE to ABC NEWS: Watch More on LIKE ABC News on FACEBOOK FOLLOW ABC News on TWITTER: #ABCNLUpdate #July #GasPrices #Inflation #ConsumerPriceIndex