Rising fuel costs are expected to contribute to higher consumer inflation. Gas prices have been increasing, which may boost inflation.
Further information on this topic is available from The Globe and Mail.
Details about the expected impact of soaring gas prices on consumer inflation are provided in their report, which discusses the potential effects on U.S. consumer inflation in August.
The all-items consumer price index was expected to rise 0.4% in August, with core, excluding food and energy, showing a 0.2% gain, according to the Dow Jones consensus....
