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The Piney Point

Inflation cooled slightly last month even as consumers stepped up spending

Inflation cooled slightly last month even as consumers stepped up spending
Photo: KPRC 2 / Click2Houston (NBC) · view original

Inflation slowed a bit last month as Americans ramped up their spending, though prices are still elevated and a challenge for many voters that will head to the polls for midterm elections in just over a month. Consumer prices rose 3.4% in August compared with a year earlier, the Commerce Departme...

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