August data shows inflation eased for second straight month as prices remain high

The U.S. Labor Department's latest Consumer Price Index report shows inflation rose 8.3% in August in comparison to one year ago. But, prices increased by 0.1% for the month. Nela Richardson, a chief economist for ADP, joins CBS News to break down the latest CPI report and what it says about the state of the U.S. economy.

#news #august #inflation

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