Consumer Prices Moderate After Run-Up Earlier in 2018 - News Summed Up

Consumer Prices Moderate After Run-Up Earlier in 2018


WASHINGTON—Consumer-price pressures began to moderate in August after a buildup in inflation through much of the year, a positive signal for workers who have seen bigger paychecks largely eaten by price increases. The consumer-price index, which gauges what Americans pay for everything from rent to razorblades, rose a seasonally adjusted 0.2% in August from the prior month, the Labor Department said Thursday. Excluding the volatile food and energy categories, prices increased 0.1%. Both increases were smaller than economists...


Source: Wall Street Journal September 13, 2018 12:37 UTC



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