Consumer prices remained elevated in August. Energy costs were a contributing factor, driven upward by the Iran war.
Further information on this development is available from The Guardian. The publication reports that US consumer prices stayed high during this period.
Details of the situation can be found in The Guardian's coverage, which notes the impact of the Iran war on energy costs and US consumer prices 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....
