U.S. Consumer Price Index Rose 0.3% In August
(For August 2010)
U.S. consumer price index rose 0.3% in August, right at the consensus. July reading was also 0.3%.
Chart 1. U.S. Consumer Price Index
Source: BLS
Consumer price index fell less food & energy came out unchanged. The consensus was at 0.1%, July reading was at 0.1%.
Chart 2. U.S. Consumer Price Index Core (Less Food & Energy)
Source: BLS
No signs of either inflation or deflation, prices are stable. Only conclusion I can get from this that the demand is tepid and company pricing power is weak.