Inflation Rose More Than Expected in August

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Inflation Rose More Than Expected in August
United States Latest News,United States Headlines
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Inflation rose 0.1% in August from the month before and 8.3% over the previous year, according to the Bureau of Labor Statistics. See the potential bias and similarities in coverage from nbcnews, wsj and foxbusiness:

Energy prices fell for the second straight month but remain 23.8% higher than a year ago. Food prices rose 0.8% in August, their slowest monthly growth rate since December 2021, but remain up 11.4% from last year. All items, excluding the more volatile food and energy indexes,News sources across the spectrum highlighted the inflation data as their top story Tuesday morning.

Sources regardless of bias in headlines, and many fail to explain the distinction to their readers. NBC News's headline said inflation"fell slightly to 8.3%," while Fox Business's said"inflation rose 8.3%" and CNBC's said"inflation rose 0.1%." Left- and center-rated sources focused more on falling gas prices. Right-rated sources focused more on high food prices and how inflation rose more than economists predicted.

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