August CPI DOUBLE Expectations


Headline CPI was 0.4% from 0.5% last month.

Core CPI was 0.2% from 0.2% last month.

Both headline and core CPI were expected to rise 0.2%.

Inflation pressures are picking up for consumers.

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.