US Consumer Price Index Rose by 3.7% YoY in August

13 September 2023

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.6 percent in August on a seasonally adjusted basis, after increasing 0.2 percent in July, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.7 percent before seasonal adjustment.
 
The index for gasoline was the largest contributor to the monthly all items increase, accounting for over half of the increase. The food index rose 0.2 percent in August, as it did in the previous month.
 
The index for all items less food and energy rose 0.3 percent in August, after rising 0.2 percent in July. The index for all items less food and energy rose 4.3 percent over the past 12 months.

Source:  U.S Bureau Labor Statistics
Post by: Republic of Türkiye Ministry of Trade