The U.S. Consumer Price Index (CPI) for August showed mixed signals, with the seasonally adjusted core CPI rising by 0.3% month-over-month, matching expectations and the previous month's figure. The unadjusted core CPI increased by 3.1% year-over-year, aligning with forecasts and the prior reading.
Meanwhile, the unadjusted CPI rose by 2.9% annually, slightly above the expected 2.9% and up from July's 2.7%. The seasonally adjusted CPI increased by 0.4% month-over-month, surpassing the anticipated 0.3% and the previous month's 0.2% rise, indicating potential inflationary pressures.
U.S. August CPI Data Shows Mixed Inflation Signals
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