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.

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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.


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