{
  "id": 6758468,
  "title": "U.S. consumer prices rise by 0.4% month-on-month in August, matching estimates",
  "url": "https://urgent.news/2026/09/11/u-s-consumer-prices-rise-by-0-4-month-on-month-in-august-matching",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-11T12:53:11.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/economic-indicators/us-consumer-prices-rise-by-04-monthonmonth-in-august-matching-estimates-4897887"
  },
  "original_language": "en",
  "account": "U.S. consumer prices rose by 0.4% month-on-month in August, matching expectations, according to data released on Friday. This figure is slightly higher than the 0.1% increase seen in July. Over the past year, the consumer price index (CPI) has averaged 3.4%, aligning with economists' estimates. Gasoline prices surged by 3.9% month-over-month, accounting for more than a third of the total increase in consumer items. The energy price gauge also climbed by 2.1%. Analysts had anticipated the impact of rising gasoline prices, which were driven by the ongoing Iran war. The conflict has created an energy shock, with the Strait of Hormuz effectively closed to tanker traffic and uncertainty surrounding shipping activity in the Bab el-Mandeb Strait. Brent crude futures reached above $100 a barrel for the first time since July. Excluding volatile items like food and energy, core CPI rose by 0.3% month-on-month, slightly below the forecasted 0.2%. Year-over-year, core CPI eased to 2.4%, matching expectations. Fed officials closely monitor core CPI, as it provides a better indicator of underlying price pressures. Policymakers at the central bank are expected to focus on curbing inflation during their meeting next week, potentially leading to a rate hike following the two-day gathering. Currently, markets are pricing in a 69% chance of a quarter-point rate increase this month.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}