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The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% in August, 2024 (same as July). The all items index was up 2.5% for the 12 months ending in August. The index for shelter rose 0.5% in August (the 7th consecutive month of increases) and was the main factor in the all items increase.
Click here to read the full release at the Bureau of Labor Statistics.
The post Inflation Up 2.5% Year Over Year appeared first on Real Estate Investing Today.
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