Annual inflation in the United States (US), as measured by changes in the Consumer Price Index (CPI), rose to 2.9% in August from 2.7% in July, the US Bureau of Labor Statistics (BLS) reported on Thursday. This figure was in line with market expectations. On a monthly basis, the CPI rose 0.4% after a 0.2% increase in July.
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Core CPI, which excludes volatile food and energy prices, rose 3.1% annually in August, in line with July data and analyst estimates. (alg)
Source: FXstreet
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