Consumer Prices Post Smaller Than Expected Increase in August - NewsBreak

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By Sain in Business
Updated 3 years ago

Prices for an array of consumer goods rose less than expected in August in a sign that inflation may be starting to cool, the Labor Department reported Tuesday. The consumer price index, which measures a basket of common products as well as various energy goods, increased 5.3% from a year ago and 0.3% from July.

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