US consumer prices stayed high in August as Iran war pushed energy costs up
Consumer sentiment dropped to record lows earlier this summer as Americans said they were struggling to afford gas and groceries. Photograph: Brandon Bell/Getty ImagesView image in fullscreenConsumer sentiment dropped to record lows earlier this summer as Americans said they were struggling to afford gas and groceries. The most recent peak was seen in May, when the inflation rate hit a three-year high at 4.2%.
- ▪Consumer sentiment dropped to record lows earlier this summer as Americans said they were struggling to afford gas and groceries.
- ▪Photograph: Brandon Bell/Getty ImagesView image in fullscreenConsumer sentiment dropped to record lows earlier this summer as Americans said they were struggling to afford gas and groceries.
- ▪The most recent peak was seen in May, when the inflation rate hit a three-year high at 4.2%.
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| Original publisher | The Guardian — World |
| Canonical URL | https://www.theguardian.com/business/2026/sep/11/inflation-august-interest-rates |
| Publication time | Fri, 11 Sep 2026 12:38:12 GMT |
| Retrieval time | 2026-09-11T13:14:16.473Z |
| Last seen | 2026-09-11T13:14:25.688Z |
| Headline source | Publisher (no WeSearch rewrite) |
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| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
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| Cluster | eeTEVaYL9uKK · 1 stories |
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| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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Consumer sentiment dropped to record lows earlier this summer as Americans said they were struggling to afford gas and groceries. Photograph: Brandon Bell/Getty ImagesView image in fullscreenConsumer sentiment dropped to record lows earlier this summer as Americans said they were struggling to afford gas and groceries. Photograph: Brandon Bell/Getty ImagesInflationUS consumer prices stayed high in August as Iran war pushed energy costs upAnnualized inflation rate was 3.4%, same as July, and core inflation, which omits energy and food prices, was up to 2.4%Gaya GuptaFri 11 Sep 2026 08.38 EDTLast modified on Fri 11 Sep 2026 08.40 EDTSharePrefer the Guardian on GoogleUS consumer prices remained stubbornly high in August as the end of the ceasefire between the US and Iran pushed energy prices…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Guardian — World.
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