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

Remember one of Trump's major promise? That was B.S., of course! 🤣

 

“Starting on day one, we will end inflation and make America affordable again, to bring down the prices of all goods,” he declared last August, in one of many promises to reduce the cost of living for Americans.

 

Groceries and Jobless Up in Double Whammy to Trump

https://www.yahoo.com/news/articles/groceries-jobless-double-whammy-trump-134500788.html

Another TACO?

Amid dismal economic reports about slowing job growth and rising inflation from tariffs, President Donald Trump's Commerce Secretary, Howard Lutnick, insisted in a new interview on Newsmax that Trump's policies were going to cause an economic boom — but next year.

'Huckster': Commerce secretary ridiculed for claiming 'Trump economy' starts next year