{
  "id": 11001827,
  "title": "US inflation comes in below expectations in August amid high energy prices linked to Iran war",
  "url": "https://urgent.news/2026/09/30/us-inflation-comes-in-below-expectations-in-august-amid-high-energy",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T18:25:14.000Z",
  "source": {
    "name": "Live Mint",
    "slug": "live-mint",
    "url": "https://www.livemint.com/news/us-news/us-inflation-comes-in-below-expectations-in-august-amid-high-energy-prices-linked-to-iran-war-11790790972922.html"
  },
  "original_language": "en",
  "account": null,
  "summary": "US inflation rose less than expected in August. According to The Korea Times, the Personal Consumption Expenditures Price Index increased 0.3 percent in August, following a revised 0.1 percent gain in July.\n\nConsumer spending surged in August, despite rising energy prices. Live Mint and The Korea Times both mention that energy prices have been driven up by the US-Israel conflict with Iran, with diesel prices reportedly at record highs.\n\nThe less-than-expected inflation may reduce pressure on the Federal Reserve to raise interest rates. However, The Korea Times reports that another rate hike this year remains possible, with some economists predicting a hike by year-end. Financial markets have lowered their expectations for a rate increase in October.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "IOL",
        "title": "Producer inflation slows sharply in August as food prices fall",
        "url": "https://urgent.news/2026/09/30/producer-inflation-slows-sharply-in-august-as-food-prices-fall",
        "published": "2026-09-30T13:52:00.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "US inflation rises below expectations in August; consumer spending robust",
        "url": "https://urgent.news/2026/09/30/us-inflation-rises-below-expectations-in-august-consumer-spending",
        "published": "2026-09-30T16:37:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}