US: CPI (Aug) rose 1.7% (YoY)

FXStreet (Edinburgh) - The Department of Labour informed that US inflation figures measured by the CPI rose at an annual pace of 1.7% in August, missing estimates for a 1.9% gain. On a monthly basis, prices dropped 0.2%. Core CPI, which strips food and energy costs, rose 1.7% over the last twelve months and 0.0% inter-month.