According to the report of the Bureau of statistics of the U.S. Department of labor, the consumer price index in the USA (CPI) in August rose 0.4% compared with the previous month.
Analysts had expected the index to increase 0.3% after rising 0.1% in July.
Annual consumer inflation in August rose 1.9% compared to +1.7% a month earlier.
The base consumer price index (core CPI), which accounts for the excluded prices of food and energy prices in August rose by 0.2% compared with the previous month. Analysts had expected the index to increase 0.2%.
Over the past 12 months, core consumer inflation rose 1.7%.
The average real hourly wage in the U.S. in August decreased by 0.3% compared with the previous month taking into account seasonal fluctuations. Compared to the same period last year, hourly wages grew by 0.6%.