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Consumer Price Index, August 2018
The Consumer Price Index (CPI) rose 2.8% on a year-over-year basis in August, following a 3.0% increase in July. Excluding gasoline, the CPI increased 2.2%, matching the gain in July. Prices were up in all eight major components in the 12 months to August. The transportation index rose at a slower pace in August (+7.2%) than in July (+8.1%), but remained the largest contributor to the year-over-year increase in consumer prices. Chart 2 Chart 2: Consumer prices increase in all major components Consumer prices increase in all major components Chart 2: Consumer prices increase in all major components Year-over-year ... (full story)