Inflation ticked up in Aug., report says
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US headline CPI rose to 2.9% year-over-year, up from 2.7% in July - in line with expectations and the highest level since January. Core CPI was at 3.1% year-over-year, unchanged from July.
Inflation crept up in August, mirroring national trends. But the area is also seeing some unique affordability challenges.
While the step back follows a sizable advance in July, many firms have been wary that steep markups could push customers away.
The September Personal Consumption Expenditures Price Index increased in line with expectations, up 2.1% from year-ago levels. When volatile food and energy costs are factored out, the Federal Reserve’s preferred measure of inflation increased 2.7% from ...
U.S. producer prices fell unexpectedly last month, dropping 0.1% from July. The Labor Department reported Wednesday that its producer price index — which captures inflation in the supply chain before it hits consumers — showed that wholesale inflation decelerated in August after advancing 0.
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Thursday, September 11, 2025Pre-market futures are up at this hour, breaking higher following this morning’s economic data. These happen to be important reports: Consumer Price Index (CPI) and Weekly Jobless Claims.