August US Core Inflation Rose 0.3%, Hotter than Expected
Updated: Sep 13, 2023, 14:53 UTC•2min read
The core CPI data revealed a rise of 0.3% for the month, higher than the 0.2% forecast.
- The Consumer Price Index (CPI), which encapsulates the costs of an expansive range of goods and services, saw an uptick of 0.6% during the month.
- The core CPI data reveals a rise of 0.3% for the month.
- Annualized CPI increased 3.7%, slightly surpassing the 3.6% forecast.
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