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The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis, the same increase as in July, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.5 percent before seasonal adjustment. The index for shelter rose 0.5 percent in August and was the main ...
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On Wednesday, investors will digest one of the most important data points that will shape future Federal Reserve interest rate policy: August's Consumer Price Index (CPI). The report, set for release at 8:30 a.m. ET, is expected to show headline inflation of 2.5%, a deceleration from July's 2.9% annual gain in prices. Over the prior month, consumer prices ...