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Gas, Shelter Prices Spike Inflation in August

Gas, Shelter Prices Spike Inflation in August


Episode 172


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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Published on 2 years, 3 months ago






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