Consumer prices climbed 3.7% year over year in August, marking an increase from July as gas prices jumped and shelter costs remained strong. But growth in core prices, which excludes volatile food and energy categories, decelerated to 4.3% from July’s 4.7%.
Consumer prices climbed 3.7% year over year in August, marking an increase from July as gas prices jumped and shelter costs remained strong. But growth in core prices, which excludes volatile food and energy categories, decelerated to 4.3% from July’s 4.7%.
yes, Core CPI rose a tiny bit more than anticipated (0.3% MoM versus 0.2% anticipated)