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وكالة الأنباء القطرية
US CPI increased 0.4% in August
The US Consumer Price Index increased by 0.4 percent in August, driven by rising gasoline prices, which fueled market expectations of a future interest rate hike next week. The annual inflation rate remained steady at 3.4 percent, while the core Consumer Price Index rose to 2.4 percent on an annual basis. Additionally, data showed an increase in the Producer Price Index in August, supporting prospects of a rate increase in the near future.
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