Medical costs push U.S. consumer prices higher in August - News Summed Up

Medical costs push U.S. consumer prices higher in August


ECONOMYMedical costs push prices up in AugustU.S. consumer prices edged up 0.2 percent in August as a surge in medical costs offset flat readings for food and energy. Core inflation, which excludes the volatile categories of food and energy, rose 0.3 percent in August, the Labor Department reported Friday. Food costs were unchanged; the category that covers meat, poultry, fish and eggs fell for the 12th month in a row. (Frederic J. Brown/AFP/Getty Images)Energy costs also were flat in August as gasoline dropped by 0.9 percent. Tesla said in its complaint that the email was part of an oil-industry effort to undermine the push for energy-efficient transportation alternatives.


Source: Washington Post September 16, 2016 21:31 UTC



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