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9/12, 2:31 PM (Source: TeleTrader)
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US consumer prices rise 0.1% in August

Consumer prices in the United States rose 0.1% in August, the US Bureau of Labor Statistics said on Thursday, after previously increasing by 0.3% in July. On an annual basis, the Consumer Price Index for All Urban Consumers jumped 1.7% before seasonal adjustment.

Excluding food and energy, the index rose 0.3% in August, which is the same increase as in two previous months. The energy index fell 1.9% in the observed month, outweighing an increase in the indexes for shelter and medical care, while the gasoline index decreased by 3.5%.

Breaking the News / GG