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The U.S. Bureau of Labor Statistics said the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% in August, seasonally adjusted, after 0.1% in July. Unadjusted, the all-items index was 3.4% higher than a year earlier.

Excluding food and energy, the index rose 0.3% in August and 2.4% over 12 months. Gasoline increased 3.9% during the month, accounting for more than one-third of the all-items rise; energy rose 2.1% and shelter 0.3%.