Higher gas prices caused headline inflation to pick up sharply last month, the August Consumer Price Index (CPI) showed Wednesday, but a moderating pace of underlying inflation should keep the ...

The Bureau of Labor Statistics report, released Tuesday, showed that the Consumer Price Index (CPI), a key measure of inflation, increased by 8.3 percent in August when compared to the same month ...

The August core inflation reading was 3.2% compared to a year ago. That was in line with estimates from economists surveyed by FactSet who expected the annual rate to rise at the same pace as in July.

Inflation eased in August to a new three-year low, teeing up the Federal Reserve to begin gradually reducing interest rates at a meeting next week. The consumer-price index climbed 2.5% from a ...

The drop, which undid a week worth of gains, came after the Bureau of Labor Statistics revealed that the Consumer Price Index (CPI) increased by 8.3 percent in August compared to the same time ...