US consumer prices rose 0.4 per cent in August, accelerating from a 0.1 per cent increase in July, with higher gasoline and energy prices accounting for a significant part of the monthly increase,

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

By Lucia Mutikani WASHINGTON, Sept 11 (Reuters) - U.S. consumer prices likely accelerated in August as the cost of gasoline rebounded after two straight monthly declines, which…

In August, consumer prices in the U.S. surged, mainly due to increasing gasoline prices. This trend elevates the likelihood of an interest rate hike by the Federal Reserve, with…