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US Inflation Rises 3.4% in August as Consumer Spending Jumps 0.9%: BEA

Consumer spending rose 0.9% in August even as the Fed’s preferred inflation gauge eased, keeping price pressures above its 2% target.

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Read more about US inflation rises 3.4% in August as consumer spending jumps 0.9%: BEA on Devdiscourse.

6 Articles

Lean Left

Inflation slowed a bit last month when Americans increased their spending, although price hikes remained high and remain a challenge for many voters who will come to the polls for the mid-term elections in just over a month.

·El Segundo, United States
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The window of inflation in the United States slowed slightly last August with increased consumer spending despite continued high prices, challenging many voters as the midterm elections approached...

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Inflation in the United States slowed slightly last August with increased consumer spending despite continued high prices, challenging many voters as the midterm elections approached.

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Devdiscourse broke the news in India on Wednesday, September 30, 2026.
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