(Bloomberg) -- U.S. consumer prices rose for a third month in August, signaling a gradual pickup in inflation as the economy recovers from the pandemic-induced downturn.
The consumer price index rose 0.4% from the prior month, following a 0.6% gain in July, Labor Department figures showed Friday. The median forecast in a Bloomberg survey of economists called for a 0.3% increase. Compared with a year earlier, the gauge increased 1.3%, after July’s 1% rise.
Excluding volatile food and fuel costs, the so-called core CPI -- viewed by policy makers as a more reliable gauge of price trends -- also increased 0.4% from the prior month, driven by used-car prices, after a 0.6% jump in July that was the largest in almost three decades. On an annual basis, core inflation measured 1.7% following 1.6% in July.
Reprinted from investing.com, the copyright all reserved by the original author.
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.
اترك رسالتك الآن