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| 13.09.2022, 14:36
CPI Report
[attachment=11347]
Inflation eased in August as CPI rose 8.3%
Alexandra Semenova·Reporter
Tue, September 13, 2022 at 2:32 PM
Inflation eased slightly for a second-straight month in August as consumer prices continue to moderate from four-decade highs reached earlier this year.
The Consumer Price Index (CPI) in August reflected an 8.3% increase over last year and 0.1% increase over the prior month. Economists had expected prices to rise 8.1% over last year and fall 0.1% over last month, according to estimates from Bloomberg.
On a "core" basis, which strips out the volatile food and energy components of the report, prices rose 6.3% over last year and 0.6% over the prior month in August.
Expectations were for a 6.1% annual increase and 0.3% monthly increase in core CPI.
(This post is breaking. More to come.)
https://finance.yahoo.com/news/august-in...38620.html
[attachment=11347]
Inflation eased in August as CPI rose 8.3%
Alexandra Semenova·Reporter
Tue, September 13, 2022 at 2:32 PM
Inflation eased slightly for a second-straight month in August as consumer prices continue to moderate from four-decade highs reached earlier this year.
The Consumer Price Index (CPI) in August reflected an 8.3% increase over last year and 0.1% increase over the prior month. Economists had expected prices to rise 8.1% over last year and fall 0.1% over last month, according to estimates from Bloomberg.
On a "core" basis, which strips out the volatile food and energy components of the report, prices rose 6.3% over last year and 0.6% over the prior month in August.
Expectations were for a 6.1% annual increase and 0.3% monthly increase in core CPI.
(This post is breaking. More to come.)
https://finance.yahoo.com/news/august-in...38620.html
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