Inflation Rose 0.1% in August Even with Sharp Drop in Gas Prices

CNBC, Sept. 13, 2022–Jeff Cox
The consumer price index, which tracks a broad swath of goods and services, increased 0.1% for the month and 8.3% over the past year. Excluding volatile food and energy costs, CPI rose 0.6% from July and 6.3% from the same month in 2021.