Consumer inflation exceeds estimates again in US

11 September 2020

 

Summary:  August CPI increase double expected figure; headline and core figures rise by same amounts; “broad based”, some stability returning to formerly volatile categories; prices of used cars and trucks, fuel up.   The annual rate of US inflation as measured by changes in the consumer price index (CPI) halved from nearly 3% in the period from July 2018 to February 2019. It then fluctuated in a range from 1.5%...

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