Friday, September 15, 2006

MODEST INCREASE IN AUGUST CPI

The consumer price index data released this morning shows that inflation advanced 0.2% in August, and is up 3.8% since August 2005. The major contributor to inflation over the past year has been energy, which is up 15.1% over the past year, but only 0.3% in August. Core CPI, which excludes food and energy, was up 2.8% over the past year.

All figures listed here are NSA, or not seasonally adjusted.

Bureau of Labor Statistics Press Release

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