#Recording the largest monthly increase in inflation rates in the #United States for the year 2023, with the Consumer Price Index increasing by 0.6%.
_Today, the US Department of Labor released new data showing a 0.6% increase in the Consumer Price Index (CPI) for August; It is the largest monthly increase in inflation rates in the United States so far this year. The report showed that prices rose by 3.7% compared to August of last year, a slightly higher percentage than what economic analysts expected. It is known that the Consumer Price Index (CPI) is a tool for measuring the average change in the cost of goods and services over time. Economists polled by Dow Jones had expected the increases to be 0.6% and 3.6%, respectively.
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