The consumer price index (CPI) matched the market forecast in August, coming in at 5.3 percent year-over-year.
Close to everything was more expensive compared to a year ago, according to the Bureau of Labor Statistics:
Gasoline: +42.7%
Used Cars: +31.9%
Gas Utilities: +21%
New Cars: +7.6%
Overall CPI: +5.3%
Electricity: +5.2%
Food away from home: +4.7%
Transportation: +4.6%
Apparel: +4.2%
Food at home: +3.0%
Shelter: +2.8%
Medical care service: +1.0%
Yet, the Federal Reserve and the White House insist inflation is concentrated in only a few areas.
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