PiCK
US August CPI Rises 3.4%, Matching Forecasts; Core CPI Slightly Exceeds Estimates
Uk Jin
Summary
- U.S. August consumer price index (CPI) rose 3.4% from a year earlier, matching economists’ forecasts.
- Month on month, CPI rose 0.4%, in line with market expectations.
- Core CPI, which excludes food and energy, rose 0.3% from the previous month, above the market forecast of 0.2%.
Forecast Trend Report by Period
U.S. consumer prices rose in August at a pace that matched market expectations.
The consumer price index rose 3.4% in August from a year earlier, in line with economists’ forecasts, according to data released Sept. 11 by the Labor Department’s Bureau of Labor Statistics.
From the previous month, the CPI increased 0.4%, also matching market expectations.
Core CPI, which excludes food and energy, rose 0.3% from a month earlier, above the market forecast of 0.2%.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.