Inflation remained stubbornly high in August

[Alan Zweibel]

The Bureau of Labor Statistics on Thursday said that the consumer price index (CPI) – a broad measure of how much everyday goods like gasoline, groceries and rent cost – rose 0.4% in August compared with last month, while it rose to 2.9% on a year-over-year basis. 

The monthly figure was hotter than the estimate of economists polled by LSEG, while the year-over-year figure was in line with expectations.

So-called core prices, which exclude volatile measurements of gasoline and food to better assess price growth trends, were up 0.3% from the prior month and 3.1% from a year ago.

https://www.foxbusiness.com/economy/cpi-inflation-august-2025