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US Inflation Rises to 2.9% Ahead of Key Rate Decision
Business Standard
|September 12, 2025
Inflation moved higher last month as the price of gas, groceries, hotel rooms and airfare rose, along with the cost of clothes and used cars.
Consumer prices rose 2.9 per cent in August from a year earlier, the Labour Department said Tuesday, up from 2.7 per cent the previous month and the biggest increase since January. Excluding the volatile food and energy categories, core prices rose 3.1 per cent, the same as in Ju
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