U.S. inflation accelerates to 3.7% in August

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U.S. inflation accelerates to 3.7% in August
Credit: © Reuters.

Investing.com -- U.S. consumer prices accelerated by more than expected on a yearly basis in August, in a sign of lingering inflationary pressures in the world's largest economy that may impact the Federal Reserve's interest rate path for the rest of the year.

The Labor Department's closely-watched consumer price index (CPI), a measure of price gains, increased by 3.7% annually during the month from 3.2% in July. Month-on-month , the CPI reading was 0.6%, picking up the pace from 0.2%. Economists had expected the figures to come in at 3.6% and 0.6%, respectively.

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  • Sanjay Sharma @Sanjay Sharma
    up...up and up
    Like 0
  • Indla Hanumantharao @Indla Hanumantharao
    ...inflation or no inflation ..indian markets seems enters  peculiar mode the last seven days😍😍😍
    Like 0
  • Naresh Jhamnani @Naresh Jhamnani
    bank nifty will suffer
    Like 1
  • Er Rahmat Ullah @Er Rahmat Ullah
    any impact on indian market for tomorrow
    Like 0
  • jitender sabharwal @jitender sabharwal
    Bahut Paisa kama rahe hai thode niklne bhi chahiye U.S.A ke.pagal bana rakha hai duniya ka.
    Like 0
  • VIKAS PATEL @VIKAS PATEL
    Fed monetary tight coming...
    Like 2
  • Sunny Menon @Sunny Menon
    It’s already factored
    Like 0
  • Rohit Saikia @Rohit Saikia
    It can harm US stocks.
    Like 0
  • Mayur Sharma @Mayur Sharma
    not good news
    Like 4
    • krishna shendre @krishna shendre
      It was 8 percent in last year , comparing with this quarter it's actually quite decent.
      Like 0

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