Headline Inflation Falling, but Core Prices Rebound

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In August, prices were up 8.3% from the year before and up 0.1% from July. Headline inflation is falling amid a persistent decline in gasoline prices in the United States. 

However, less volatile prices reversed a declining trend and increased slightly in August. Core inflation, in this case defined as all prices less food and energy, rose 0.6% in August from July and is up 6.3% from the year before

Prices that have been especially volatile in the past two years are on the decline. Gasoline prices fell 10.6% in August, and prices for new and

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