Prices keep rising: What got more expensive - and what got cheaper?
The Consumer Price Index rose 0.7% in August, bringing annual inflation to 1.5%, while rents continued to climb and home prices fell 1.2% year-on-year
Assessment
Inflation is ticking up again, with the CPI climbing 0.7 percent in August and annual inflation reaching 1.5 percent. Rents are still rising, which directly hits household budgets, but home prices dropped 1.2 percent year on year, a rare divergence. The question is whether this signals a broader cooling in the housing market or just a temporary correction. Watch next month's data to see if the rent increases accelerate or if the home price decline deepens.