The U.S. annual inflation rate in August fell to its lowest point since February 2021, signaling a further easing of pressure on the cost of goods and services for U.S. consumers.
The Consumer Price Index (CPI) saw a cooler-than-anticipated annual headline print in August, cementing convictions for interest rate cuts by the Federal Reserve.
August CPI Inflation Report: Key Highlights
Headline CPI inflation fell from 2.9% in July to 2.5% in August 2024 on a year-over-year basis, falling short of the consensus forecast of 2.6% tracked by TradingEconomics.
On a monthly basis, inflation increased by 0.2% in August, matching both the previous month's reading and expectations.
The energy index declined by 0.8% in the month, following a stagnation in the previous month.
The shelter index soared by 0.5% in August, contributing the most to the overall increase in the all-items index.
Core inflation, which excludes volatile energy and food items, held steady at 3.2% year-over-year in August, matching forecasts.
On a monthly basis, core inflation rose by 0.3%, accelerating from the previous 0.2% and surpassing estimates of 0.2%.
In August, several items saw increases, including shelter, airline fares, motor vehicle insurance, education and apparel.
The items for used cars and trucks, household furnishings and operations, medical care, communication and recreation were among those that recorded a decline over the month.
Consumer Price Index | August 2024 | July 2024 | Expected |
---|
Headline (y/y) | 2.5% | 2.9% | 2.6% |
Headline (m/m) | 0.2% | 0.2% | 0.2% |
Core (y/y) | 3.2% | 3.2% | 3.2% |
Core (m/m) | 0.3% | 0.2% | 0.2% |
美國8月份的年通貨膨脹率降至2021年2月以來的最低點,這表明美國消費者商品和服務成本的壓力進一步緩解。
8月份消費者價格指數(CPI)的年度總體數據低於預期,鞏固了聯儲局對減息的信念。
8 月 CPI 通脹報告:主要亮點
總體消費者價格指數通脹率同比從7月份的2.9%下降到2024年8月的2.5%,低於TradingEconomics追蹤的2.6%的共識預測。
按月計算,8月份的通貨膨脹率增長了0.2%,與上個月的讀數和預期相符。
繼上個月的停滯之後,該月能源指數下降了0.8%。
住房指數在8月份飆升了0.5%,對所有項目指數的總體增長貢獻最大。
不包括揮發性能源和食品在內的核心通貨膨脹率在8月份同比穩定在3.2%,符合預期。
按月計算,核心通貨膨脹率上升0.3%,高於之前的0.2%,超過了預期的0.2%。
8月,一些項目有所上漲,包括住房、機票價格、機動車保險、教育和服裝。
二手車和卡車、家居用品和運營、醫療保健、通信和娛樂用品均在本月有所下降。
Consumer Price Index | August 2024 | July 2024 | Expected |
---|
Headline (y/y) | 2.5% | 2.9% | 2.6% |
Headline (m/m) | 0.2% | 0.2% | 0.2% |
Core (y/y) | 3.2% | 3.2% | 3.2% |
Core (m/m) | 0.3% | 0.2% | 0.2% |