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30.09 - 19:01
U.S. August Inflation Rate Is Expected Tuesday Amid Lower Gasoline Prices
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The U.S. inflation report for August will offer details of the price changes consumers faced at the end of the summer.
Inflation has recently shown signs of easing in some industries. The Labor Department reported that its consumer-price index rose 8.5% in July from a year earlier, down from an annual increase of 9.1% in June—the highest rate in four decades. The CPI measures what consumers pay for goods and services.
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