The United States posts an inflation rate of 0.4% in August 2020, mainly due to used cars and trucks with 5.4% and gasoline with 2%.
The United States saw inflation climb slightly above expectations in August, driven by sales of used cars and recreation equipment as well as gasoline prices' continued recovery, government data showed on Friday, September 11.
However, recent months have seen the indicator recover, and August's month-on-month growth of 0.4%, seasonally adjusted, was down from theUsed cars and trucks drove the growth with a 5.4% gain, while gasoline rose 2%, though that was less than its 5.6% rise in July. However, education fell 0.3%, which the Labor Department said was its first decline since the index started in 1993, while personal care fell by the same amount after rising in June and July.
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