Yahoo TV

Inflation rose again in August. The latest Consumer Price Index (CPI) report shows that, month-over-month, prices rose 0.6%, in line with estimates, while year-over-year, prices rose 3.7%, a tick higher than the expected 3.6%. When the more volatile food and energy prices are stripped out, prices rose 0.3% month-over-month, slightly more than the anticipated 0.2% and were up 4.3% year-over-year, which was in line with estimates. Higher gas prices were partly to blame for the increase. Yahoo Finance Live breaks down the numbers.