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U.S. Consumer Prices Increase 0.6% In August, Annual Growth Accelerates To 3.7%

Por: RTTNews Business September 13, 2023

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Consumer prices in the U.S. increased in line with economist estimates in the month of August, according to a highly anticipated report released by the Labor Department on Wednesday.The report said the consumer price index climbed by 0.6 percent in August after inching up by 0.2 percent in July. The price growth matched expectations.The increase in consumer prices was largely due to a spike in gasoline prices, which skyrocketed by 10.6 percent,... + full article



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