US CPI rose 0.4% mom in August, above expectation of 0.3% mom. CPI core rose 0.4% mom, above expectation of 0.2% mom. Annually, headline CPI accelerated to 1.3% yoy, up from 1.0% yoy, beat expectation of 1.2% yoy. CPI core accelerated to 1.7% yoy, up from 1.6% yoy, beat expectation of 1.6% yoy.
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