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CLTL - Core Consumer Prices Up 2.4 Percent Fastest Since 2008
Invesco Treasury Collateral
By Robert Hughes
The Consumer Price Index rose 0.1 percent in August and is up 1.7 percent from a year ago. The volatile food and energy components had contrasting results, with food prices unchanged for the month, while energy prices fell 1.9 percent. In the food category, prices for food for home consumption fell 0.2 percent and are up 0.5 percent from a year ago, while prices for food away from home, primarily restaurants, rose 0.2 percent in August and are up 3.2 percent over the past year. Restaurant prices have been one of the