Inflation inched higher last month as Americans closed out the summer paying more for both groceries and gasoline.
Consumer prices in August were up 2.9% from a year ago, according to a report Thursday from the Labor Department. That's a sharper annual increase than the previous month, when inflation was clocked at 2.7%.
Prices rose 0.4% between July and August, compared to a 0.2% increase the previous month. Prices for groceries jumped 0.6% while gasoline prices rose 1.9%.
Consumers also saw higher prices for new and used cars, clothing and airfares in August. Stripping out volatile food and energy prices, "core" inflation was 3.1% for the last 12 months.
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Best guide to hip hop, soul, reggae concerts & events in San Francisco Bay Area, Los Angeles & New York City + music, videos, radio and more
Don Carlos
Friday, June 12 @ The Chapel, SF
J Boog
Tuesday, June 16 @ UC Theater, Berkeley
DaBoyDame w/ Keyshia Cole, Plies +more
Friday, June 19 @ Fox Theater, Oakland
Buju Banton & Stephen Marley
Saturday, June 20 @ Fox Theater, Oakland
Khalid
Friday, June 26 @ Greek Theatre, Berkeley
Thee Sacred Souls
Saturday, Aug 15 @ Greek Theatre, Berkeley
Jungle
Wednesday, Oct 7 @ Greek Theatre, Berkeley
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