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.



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