Inflation Climbed 8.3% In August—Slowing For Second Month Straight As Gas Prices Plunged

Updated Sep 13, 2022, 10:58am EDT Topline Consumer prices rose 8.3% in the 12 months ending in August—slowing down for a second consecutive month (thanks largely to some relief at the pump), but still climbing more than expected as investors await definitive signs that the Federal Reserve’s interest rate hikes may finally bring inflation back…