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9/14/2012 8:40:00 AM Write a Letter to the Editor Write a letter to the Editor

Consumer Price Index Rises 0.6%

The consumer price index rose in August 0.6%, the most since June 2009, the Labor Department said Friday.

Economists had forecast a 0.6% increase in the government’s main inflation gauge, Bloomberg reported.

The core CPI rate, which excludes food and energy, rose 0.1%.

Almost 60% of the CPI covers prices consumers pay for services. If consumer prices are climbing, it could reflect an increase in demand for consumer goods, which increases the demand for trucking services.

By Transport Topics

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