US: CPI for all items rises 0.4% in August as shelter and gasoline indexes increase
|"The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in August on a seasonally adjusted basis," the U.S. Bureau of Labor Statistics announced on Thursday.
Key takeaways:
- Over the last 12 months, the all items index rose 1.9 percent.
- The energy index rose 2.8 percent in August as the gasoline index increased 6.3 percent.
- The shelter index rose 0.5 percent in August with the rent index up 0.4 percent.
- The food index rose slightly in August, with the index for food away from home increasing and the food at home index declining.
- The index for all items less food and energy rose 0.2 percent in August.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.