- BIST10011,722-2.89%
- USD49.45+0.05%
- EUR55.62+0.37%
- GOLD4,181.10+0.26%
- INTEREST37.00%-1.00
- BITCOIN81,450-0.06%
- October 17, 202614°
- BIST10011,722-2.89%
- USD49.45+0.05%
- EUR55.62+0.37%
- GOLD4,181.10+0.26%
- INTEREST37.00%-1.00
- BITCOIN81,450-0.06%
- October 17, 202614°
U.S. annual inflation rose to 3.4% in August
U.S. consumer prices rose 0.4% month over month and 3.4% year over year in August. Gasoline prices, which increased 3.9%, accounted for more than one-third of the monthly rise, while energy prices climbed 16.3% annually.
U.S. consumer prices rose 0.4% in August from the previous month, while annual inflation reached 3.4%. Data from the U.S. Bureau of Labor Statistics showed that the monthly increase accelerated from the 0.1% rise recorded in July.
Gasoline prices increased 3.9% in August, accounting for more than one-third of the monthly rise in overall consumer prices.
Energy and core inflation
The energy index increased 2.1% month over month in August. Energy prices, which fell 1.5% in July, rose 16.3% annually in August.
Core consumer prices, calculated excluding food and energy prices, increased 0.3% month over month. The annual increase in this category fell to 2.4% in August from 2.5% in July.
Food and shelter costs
Food prices rose 0.1% in August from the previous month and 2.7% from the same period last year. Shelter costs also increased 0.3% month over month.
The indexes for communication, lodging away from home and airline fares also increased in August from the previous month.
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