Inflation rose slightly in August: CPI rises 0.6% month over month

Inflation rose again in August. The latest Consumer Price Index (CPI) report shows that, month-over-month, prices rose 0.6%, in line with estimates, while year-over-year, prices rose 3.7%, a tick higher than the expected 3.6%. When the more volatile food and energy prices are stripped out, prices rose 0.3% month-over-month, slightly more than the anticipated 0.2% and were up 4.3% year-over-year, which was in line with estimates. Higher gas prices were partly to blame for the increase. Yahoo Finance Live anchors Brad Smith and Julie Hyman breaks down the numbers.

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[stud_ley]

We seriously need to re-educate the public on how the government and economics correlate

[Dan-zbd]

Why do these hosts give the democrat party line. a .6 is higher that it has been a year The defination of inflation is the increase in the money suppley Oil is not causing infaltion, Inflation is causing the raise in oil prices.. The full effect higher oil prices will not be fully felt for a few months.

[Dan-zbd]

The US deficit has been going up 5 billion a day for the last two months that is 3.5 trillion a year

[sirenmuscle]

Glad to see inflation is going down, excluding gas, energy, food, and housing....LOL!