Pace of inflation slows in August - NewsBreak
By Flemming in Business
Updated 3 years ago
WASHINGTON — U.S. consumer prices rose a lower-than-expected 0.3% last month, the smallest increase in seven months and a hopeful sign that a recent jump in inflation may be cooling. The August gain was weaker than the 0.5% increase in July and a 0.9% surge in June, the Labor Department...
