US consumer prices rose 0.4% in August as gasoline prices climbed 3.9%, while annual CPI inflation held at 3.4%, according to the BLS.

US Producer Price Index surged 5.4% year-over-year in August 2026, beating estimates of 5.3% as diesel fuel prices spiked 24.1% in a single

August 2026 PPI rose 0.4% month over month and 5.4% year over year, driven by a 4.2% energy price spike that complicates the Fed's inflation