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CPI rose at a rate of 2.9% in August as U.S. inflation ticked higher
The Consumer Price Index rose 2.9% in August from a year earlier, matching economists' forecasts that prices would pick up slightly as President Trump's tariffs filtered through the economy. The CPI was expected to rise 2.9% last month, according to economists polled by financial data firm FactSet. The CPI, a basket of goods and services typically bought by consumers, tracks the change in prices on everyday items such as food and apparel over time. So far this year, inflation has stayed at 3% or lower, with July's CPI reading at 2.7%. Despite that, inflation has been creeping higher in recent months, edging away from ... (full story)
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The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent on a seasonally adjusted basis in August, after rising 0.2 percent in July, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.9 percent before seasonal adjustment. The index for shelter rose 0.4 percent in August and was ...
From finance.yahoo.com | Sep 11, 2025
August's Consumer Price Index (CPI) is expected to show inflation remained sticky last month, with headline prices rising at a faster clip than in July. The report, due Thursday at 8:30 a.m. ET, will be closely watched for signs of how much President Trump’s tariffs are impacting consumer costs. So far, the impact has been limited, reinforcing expectations ...
The US CPI report for August will be released at 8:30ET (12:30 GMT) on Thursday, September 11. Traders and economists are projecting headline CPI to come in at 2.9% y/y, with the core (ex-food and -energy) reading expected at 3.1% y/y. Both of those readings, if fulfilled, would mark upticks from last month’s inflation rate. Quirks of the calendar are an ...
