Source:
The consumer price index rose 3.4% last month compared with a year ago, the Labor Department said Friday, the same as in July. But on a monthly basis, inflation quickened, as costs jumped 0.4% from July to August, up from an increase of just 0.1% the previous month. U.S. inflation accelerated last month as gas prices spiked, squeezing Americans’ finances – https://www.pbs.org/newshour/economy/u-s-inflation-accelerated-last-month-as-gas-prices-spiked-squeezing-americans-finances
Yikes.
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