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Inflation Moderates in August

One-time declines held down inflation in August but will likely get back to around a 2.5 percent rate in the core. When supply constraints relax, lower car prices will dampen inflation. Rents remain a huge question mark with the end of the eviction mor…

One-time declines held down inflation in August but will likely get back to around a 2.5 percent rate in the core. When supply constraints relax, lower car prices will dampen inflation. Rents remain a huge question mark with the end of the eviction moratorium possibly being a big factor. + The overall CPI was up More

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This content originally appeared on CounterPunch.org and was authored by Dean Baker.


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