Inflationary Pressures Subdued, Headline CPI Falls 0.2% in August
Published on Monday, September 22, 2014 | Updated on Tuesday, September 23, 2014
Inflationary Pressures Subdued, Headline CPI Falls 0.2% in August
Summary
The headline consumer price index declined 0.2% in August, marking the first monthly drop since April 2013. As expected, energy prices put significant downward pressure on the CPI, down 2.6% following a 0.3% decline in July and driven largely by a significant drop in gasoline prices
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Authors
Kim Fraser