Consumer Price Index came out slightly lower than July
The latest Consumer Price Index came at 8.3 percent, which is slightly lower than July’s 8.5 percent.
The Consumer Price Index came in at 8.3 percent, a tenth of a percent higher on the year. The July read was 8.5 percent.
When you break down the numbers by month, food prices continued to increase. August saw a 0.8 percent increase from July.
Families are now paying nearly 11.5 percent more for food than this time a year ago.