Tuesday’s report was expected to show a much faster slowdown in prices as energy, gasoline and airfare prices – the main drivers behind high inflation in recent months – started to cool off. But other sectors offset those price decreases and caused overall inflation to remain elevated. Health insurance, for example, rose 24.3% year-over-year, the largest increase ever. Food at home and rent prices were also one of the main drivers this month, up 13.5% and 15.8%, and services inflation rose above 6%.
Source: https://www.coindesk.com/markets/2022/09/13/us-inflation-higher-than-expected-in-august-bitcoin-dips-4/?utm_medium=referral&utm_source=rss&utm_campaign=headlines