Author Topic: U.S. Consumer Prices Edge Higher in August  (Read 686 times)

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Offline endicom

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U.S. Consumer Prices Edge Higher in August
« on: September 13, 2018, 01:06:46 pm »
MarketScreener
Eric Morath and Sharon Nunn
Sept. 13, 2018

WASHINGTON--U.S. consumer prices rose for a fifth straight month in August, though the pace of annual increases eased for the first time this year.

The consumer-price index, which gauges what Americans pay for everything from rent to razor blades, rose a seasonally adjusted 0.2% in August from the prior month, the Labor Department said Thursday. Excluding volatile food and energy components, prices increased 0.1%.

Economists surveyed by The Wall Street Journal had expected a 0.3% uptick in August for the headline measure, and a 0.2% advance in so-called core inflation.

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