Reported 28 days ago
Falling gasoline prices helped lead to a decrease in the annual inflation rate for August, with gas prices down 10.3% compared to last year. The Consumer Price Index rose by 2.5% compared to 2.9% in July, while the national average for gasoline fell to $3.25 per gallon. The energy index as a whole dropped 0.8% month-over-month, indicating a broader cooling trend in inflation.
Source: YAHOO