thehill.com 13 Sep, 2023 17:00 am

High gas prices push up inflation, but prices overall are slowly moving in the right direction

WASHINGTON (AP) — Inflation jumped last month largely because of a spike in gas prices but other costs rose more slowly, suggesting price pressures are easing at a gradual pace. In a set of conflicting data released Wednesday, the Labor Department said the consumer price index rose 3.7% in August from a year ago, up…

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