August CPI: Inflation continued to rise before the decision of the Fed Rate Cut
The “Panites in the Panelites discusses the recording, the predictable construction, construction and boom and sharp returns in the growth of the President Donald Trump compared to President Beni.
Inflation Rose In August and is well in the above-party rate of the Federal Reserve as the medium-term policies weighed to the officers prescribed at their meeting next week.
The Bureau of Labor Statistics Thursday said Customer Price Reference (CPI) – A comprehensive measure of the daily fuel such as fuel, stores and employment costs – rose 0.4% in August as compared to a month ago, when it rose up to 2.9% last year.
The monthly figure was much hotter than the simultaneous economic exposure to LSEG, while the previous year drawing was accompanied by expectations.
The price called core prinics, which releases the variable rates and food to better check the styles of pricing, were higher in 0.3% from the last month and 3.1% from the previous year. Both figures were accompanied by economic expectations.
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The high inflation has caused difficult financial pressures in recent years to many US homes, which are not obliged to pay over daily needs as food and rent. Hikes are difficult especially in people who are slowly earners, because they often spend money payable to their days and have little fluctuations to save money.
Food prices go up with 0.5% in August, as the home of the home holder jumps 0.6% food away from 0.3%. Last year, the perfect food index is at 3.2%, by eating home up 2.7% food away from home in 3.9%.
Prices of eggs that were flat by August after seeing prices decreased during three months, after the prices arose immediately last year because of the colds of the bird flu. The indicator of the meat, chickens and fish rose from 1.1% monthly and increased by 5.4% last year. Milk prices go up 0.1% in August and 1.3% higher than the past year. Fruits and vegetables index rose 1.6% in August and 1.9% higher than the previous year.
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CPI Inflation is well on top of the 4% long target target. (Jeff Gritchen / MediaNews Group / Orange County Register with Patty / Getty Photos)
The prices of houses are up to 0.4% in August and 3.6% higher than the previous year. The Shelter index was the main driver of the increase in the index of all things.
Energy costs increase 0.7% last month and increase by 0.2% last year. The petroleum prices increase by 1.9% in August but under 6.6% compared to the previous year. Electricity costs fall at 0.1% in August but increase by 6.2% from last year.
The cost of travel increases 1% monthly and 3.5% are higher than the previous year. The cost of auto preparation and repair costs increased by 2.4% in August and 8.5% compared to the previous year. Airline Faile Rose 5.9% Last month and is 3.3% higher than that time last year.
Appacel values jumped at 0.5% in August and climbed 0.2% from last year, when the foot costs form 0.4% over the past year.
Tools, hardware, foreign devices and expanded supplies by 0.8% in August and higher in 3.9% over the past year. Furniture and bedding costs increased by 0.3% in August and increased by 4.7% from last year.
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