Consumer prices rose an annual 2.7 percent in August

Consumer prices rose 2.7 percent in August from a year earlier, with higher housing and gasoline costs driving most of the increase. The Labor Department said Thursday that the consumer price index advanced 0.2 percent on a monthly basis. Despite the monthly gain, annual inflation softened from the 2.9 percent pace set during the 12 months ...

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Consumer prices rose an annual 2.7 percent in August

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