US consumer prices remained high in August as energy costs increased
The Guardian · September 11, 2026Original source ↗
What happened
US consumer prices held steady in August, with an annualized inflation rate of 3.4%, unchanged from July. Core inflation, which excludes energy and food, rose to 2.4%. The rise in energy prices followed the end of a ceasefire with Iran.
Why it matters
Changes in consumer prices and inflation rates can affect economic stability and purchasing power.
How this story affects people
How does this story affect you if you drive a car or use energy at home?
You are likely facing higher costs due to increased energy prices, which can affect your monthly budget. This rise in energy expenses may lead to higher prices for goods and services, impacting your overall purchasing power.
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