Inflation persists as prices rose further in August compared to July

Inflation persists as prices rose further in August compared to July

Consumer prices in August climbed 0.1 percent from the previous month, despite lower gas and energy costs. A number of economists had hoped Tuesday’s release would show inflation finally slowing, but a new government report shows price increases remain stubbornly high. Data released Tuesday by the Bureau of Labor Statistics showed August prices were up …

Inflation persists as prices rose further in August compared to July Read More »