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U.S. core CPI falls unexpectedly in August

Published 09/19/2010, 03:17 AM
Investing.com – Core consumer price inflation in the U.S. fell unexpectedly in August, official data showed on Friday.

In a report, the Bureau of Labor Statistics said that core CPI, which excludes food and energy costs, was flat in August after increasing by a seasonally adjusted 0.1% in July.

Analysts had expected core CPI to increase by 0.1% in August.

CPI, which includes more volatile food and energy costs rose more-than-expected in August, rising by a seasonally adjusted 0.3%, after rising 0.3% in July.

Analysts had expected CPI to decline by 0.2% in August.





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