Consumer prices in the U.S. showed a modest increase in the month of August, according to a report released by the Labor Department on Tuesday, with the uptick in prices matching economist estimates.
The Labor Department said its consumer price index inched up by 0.1 percent in August following a 0.2 percent increase in July.
The core consumer price index, which excludes food and energy prices, also edged up by 0.1 percent in August after rising by 0.2 percent in the previous month.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.