US Inflation Cools Somewhat; Consumer Prices Steady in August

In August, U.S. inflation ran at the same pace as in July but slowed on an annual basis for the first time this year, according to government data released Thursday, Sept. 13, 2018. Core consumer inflation, which discounts pricing gains in food and energy, cooled for the month and from a year ago.

American consumers in August paid a bit more for food and a lot more on energy to include gasoline and fuel oil, while paying less for clothing, telecommunications and medical care. Continue reading US Inflation Cools Somewhat; Consumer Prices Steady in August