https://www.cnbc.com/2022/09/13/inflation-rose-0point1percent-in-august-even-with-sharp-drop-in-gas-prices.html
Inflation rose greater than anticipated in August at the same time as gasoline costs helped give shoppers just a little little bit of a break, the Bureau of Labor Statistics reported Tuesday.
The buyer worth index, which tracks a broad swath of products and providers, elevated 0.1% for the month and eight.3% over the previous 12 months. Excluding unstable meals and vitality prices, CPI rose 0.6% from July and 6.3% from the identical month in 2021.
Economists had been anticipating headline inflation to fall 0.1% and core to extend 0.3%, in accordance with Dow Jones estimates. The respective year-over-year estimates have been 8% and 6%
