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Consumer prices rose 0.4% in August, as expected; core inflation was higher than estimated

Source: CNBC

InflationEconomic Data

Dow Jones consensus expected the all-items U.S. consumer price index to rise 0.4% in August, while core CPI excluding food and energy was forecast to increase 0.2%. The data would be a key near-term inflation indicator, though the article reports expectations rather than an actual release.

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