U.S. Inflation Rate Drops to 2.5% in August: A Relief for Consumers?
U.S. Inflation Rate Drops to 2.5% in August: A Relief for Consumers? August 31, 2022 – The U.S. Consumer Price Index (CPI), a key measure of inflation, showed a surprising decline in August, dropping to a 2.5% annual rate. This decrease is welcoming news for many consumers who have been grappling with rising prices over…