Download - Gas, Shelter Prices Spike Inflation in August

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America in Focus

News

Gas, Shelter Prices Spike Inflation in August

2023-09-17

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Prices spiked more than expected in August. The U.S. Bureau of Labor Statistics on Wednesday released its Consumer Price Index, a key marker of inflation, which showed it rose 0.6% last month alone, the biggest spike this year. That spike was largely driven by an increase in the price of shelter and gasoline.

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