Consumer Prices Stay Low

Consumer prices were up 0.1% month-over-month (mum) in August. This was slightly below expectations for a 0.2% rise.

Core consumer prices (ex-food and energy) were also up 0.1%.

Meanwhile, on the year, CPI was up 1.5%, marginally lower than expectations for 1.6%.

Core CPI meanwhile was up 1.8% on the year in line with expectations.

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