NPR logo Consumer Prices Rose 0.4% Last Month; Are Down 1.5% Over The Past Year

Economy

Consumer Prices Rose 0.4% Last Month; Are Down 1.5% Over The Past Year

The prices consumers pay for goods and services increased 0.4% in August from July, the Bureau of Labor Statistics just reported. Over the last year, prices have declined 1.5%.

Excluding volatile food and energy costs, prices rose 0.1% last month, BLS says.

The numbers are pretty much in line with economists' expectations, the Associated Press says.