Expected, CPI Rises 0.2% In August

One major measure of U.S. inflation, the Labor Department's Consumer Price Index (CPI), increased two-tenths of a percentage point in August, generally in line with economists' expectations.

That puts inflation at 3.8% for the 12 months ending in August.

August's increase was half the four-tenths percent increase in July and matches the two-tenths increase in June.

In August, the core CPI, which does not include price changes for food and fuel, increased two-tenths of a percent for the second consecutive month. The core CPI increased 2.8% for the 12 months ending in August.

Energy prices, which had increased 2.9% in July, were up three tenths of a percent in August.

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