US inflation slows for 2nd month

  1. US inflation slows for 2nd month

    Consumer prices surged 8.3% in August compared with a year earlier, the government said Tuesday, down from an 8.5% jump in July and a four-decade high of 9.1% in June. On a monthly basis, prices rose 0.1%, after a flat reading in July.

    Region:
    USA
    Category:
    Economy
    US inflation slows for 2nd month