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.

This entry was posted on Friday, September 17th, 2010 at 6:48 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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