HomeUncategorizedRising gas costs drive US inflation to 3.7% in August

Rising gas costs drive US inflation to 3.7% in August

UncategorizedSeptember 13, 2023
1 min read
[ad_1]\r\nUS CPI Data LIVE: Economists are estimating a 3.6% year-over-year and a 0.6% monthly rise in inflation, according to Dow Jones. This would mark an increase from the prio
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US CPI Data LIVE: Economists are estimating a 3.6% year-over-year and a 0.6% monthly rise in inflation, according to Dow Jones. This would mark an increase from the prior month’s respective readings of 3.2% and 0.2%. 

Core CPI, which omits food and energy costs due to volatility, is forecasted to have risen 4.3% from a year ago, compared to a 4.7% annual gain in July. The monthly core increase is projected at 0.2%, reported CNBC.

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