The United States .. slowing inflation rates

The United States .. slowing inflation rates
The United States .. slowing inflation rates

Data from the US Department of Labor showed that consumer prices in the United States rose at the slowest pace since October 2020, and this data came in line with analyst expectations.

Core consumer prices in the United States in August rose 5.3% on an annual basis, and rose 0.3% on a monthly basis, according to a press release from the US Department of Labor.

Consequently, US consumer price growth slowed for the first time since October 2020.

The annual inflation rate came in line with the expectations of analysts, who were polled by the DailyFX portal, where inflation was expected on a monthly basis at 0.4%.

Source: Prime

Follow RT onRT
RT

These were the details of the news The United States .. slowing inflation rates for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.

It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

PREV India’s Supreme Court temporarily stops order on mass evictions
NEXT Dhaka opens first metro line in bid to ease traffic congestion

Author Information

I am Joshua Kelly and I focus on breaking news stories and ensuring we (“Al-KhaleejToday.NET”) offer timely reporting on some of the most recent stories released through market wires about “Services” sector. I have formerly spent over 3 years as a trader in U.S. Stock Market and is now semi-stepped down. I work on a full time basis for Al-KhaleejToday.NET specializing in quicker moving active shares with a short term view on investment opportunities and trends. Address: 838 Emily Drive Hampton, SC 29924, USA Phone: (+1) 803-887-5567 Email: [email protected]