Annual inflation falls to 2.9 percent

Consumer inflation slows to lowest rate since Feb. 2021

Consumer prices rose 0.2% in August as annual inflation rate hits lowest since early 2021

The CPI, a broad measure of goods and services costs across the U.S. economy, increased 0.2% in August, in line with the Dow Jones consensus. That put the 12-month inflation rate at 2.5%, down 0.4 percentage point from the July level and the lowest since February 2021.

WJET Erie on MSN · 29d

Annual inflation falls to 2.9% despite July price uptick

Consumer prices rose 0.2 percent in July following two straight months of flat or declining prices, the Labor Department reported Wednesday. The consumer price index (CPI) also slowed to a 2.9 percent annual increase in July,

AOL · 1d

Inflation: Consumer price increases hit lowest annual inflation rate since early 2021

The Consumer Price Index (CPI) increased 2.5% over the prior year in August, which was a deceleration compared to July's 2.9% annual gain in prices.

Inflation, Federal Reserve

Washington Examiner on MSN · 1d

Inflation fell for fifth month in a row to 2.5% in August, clearing way for Fed easing

Inflation fell four-tenths of a percentage point to 2.5% for the year in August, the Bureau of Labor Statistics reported Wednesday.

Las Vegas Sun · 1d

US inflation likely fell further last month as Fed prepares to cut rates next week

Inflation in the United States may have hit a three-year low in August, underscoring that the rate of price increases is falling back to pre-pandemic levels and clearing the way for the Federal Reserve to start cutting its key interest rate

Associated Press · 1d

Annual US consumer inflation fell to 2.5% in August, a 3-year low

The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low.

The Hill29d

Annual inflation falls below 3 percent for first time since March 2021

Consumer prices rose 0.2 percent in July following two straight months of flat or declining prices, the Labor Department reported Wednesday. The consumer price index (CPI) also slowed to a 2.9 ...

Washington Examiner29d

Inflation falls for fourth month in a row, now at 2.9%

The decline of a tenth of a percentage point in the consumer price index comes as most economists expected that annual inflation would remain at 3%, the same as the month before. Inflation is ...

Alaska Link13d

Eurozone inflation falls to three-year low in August

Eurozone inflation fell to its lowest level in more than three years this month thanks to falling energy costs, official data ...

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