Reported 28 days ago
The Consumer Price Index (CPI) for August indicated a steady slowdown in consumer inflation, with a 0.2% increase from July and a year-over-year rise of 2.5%, in line with market expectations. Core CPI, excluding food and energy prices, grew by 0.3% from the previous month and 3.2% year-over-year, both matching forecasts. Persistent housing market pressures continue to influence inflation rates.
Source: YAHOO