Inflation ticks upward to 3.7% for August 2023
Snippet of Article: "Inflation ticks upward to 3.7% as the Fed's fight to tame high consumer prices rolls on. Annual inflation has now ticked up two months in a row. ...Core inflation, a measurement of cost increases that removes energy and food prices because of their volatility, rose 4.3%. ...it ticked higher in August because of cuts in oil production, which led to higher gasoline prices. ...the inflation metric that excludes food and energy prices. ...gas prices usually fall in August as consumers start to drive less, but this year was a break from that pattern."
Source: www.nbcnews.com
