In August, seasonally adjusted CPI increased 0.4% from the previous month, after rising 0.2% in July. Compared to August 2024, the index rose 2.9%, following July's 2.7% 12-month increase.

Still, annual inflation has been below 3.0% for seven straight months, ever since it fell from 3.0% in January to 2.8% in February, President Trump's first full month in office.

The Consumer Price Index (CPI) rose nearly three times faster under Biden than it did during Trump's first term. From January 2021 to January 2025, consumer prices increased 21.5%. From January 2017 to January 2021, the CPI rose 7.8%. On a monthly basis, the annual inflation rate averaged 1.9% under Trump (Feb. 2017-Jan. 2021), compared to 5.0% under Biden (Feb. 2021-Jan. 2025).

Incorporating Trump's second term to-date, monthly inflation has averaged 2.0% for all 55 full months of his first and second terms combined.

In August, "core" inflation—which excludes the volatile food and energy sectors—held steady, as both month-month and 12-comparisions matched their July increases of 0.3% and 3.1%, respectively.

The index for shelter rose 0.4% in August and was the largest factor in the all-items monthly increase. The food index increased 0.5% over the month and 3.2% from August 2024. Subscribe for free to Breaking Christian News here

Compared to 12 months earlier:

The energy index increased 0.2%.
The gasoline index decreased 6.6%.
The food index increased 3.2%.
Food away from home increased 3.9%
Food at home index increased 2.7%.
The shelter index increased 3.9%.

To receive daily emails from Breaking Christian News to your inbox CLICK HERE

Barron Trump Reportedly Saved a Woman's life after Witnessing Violent Assault on FaceTime Call

MAGA Baby Boom? Usha Vance Baby News Takes the Internet by Storm

HHS Deputy Secretary Shocked to Hear About 'Horrors' of Euthanasia Organ Donation in Canada

FCC Puts Liberal Talk Shows on Notice That It'll Enforce Candidate Guest-Equity Requirement

The President Trump at Davos That the Left Didn't Want You to See

Here Are the Details of President Trump's Greenland Deal

In Davos, Trump Hails Gaza Peace Board, Warns Hamas to Disarm or 'Be Blown Away'

First Arrests Made Following St. Paul Anti-ICE Church Attack, 'More to Come'

Survey Shows Record American Support for Public Faith Sharing

Atheist Filmmaker Abandons Unbelief for Jesus [Video]

Truce Halts Syria Fighting; Netanyahu to Join Gaza Board of Peace Despite Israeli Misgivings

Eric Schmitt: 1 Year in, President Trump Restored Law and Order and Put America First

Bill and Hillary Clinton Are in Real Trouble Now

'We Don't Want to Be Like Minneapolis,' Other Minnesota Cities Say, Supporting ICE

Shocking Undercover Video Shows Judges in Ohio Immigration Courts Can be Bribed to Keep Illegals in the US

Top Trump Officials Say 'Arrests Coming' for Anti-ICE Invasion of Church

'A Piece of Ice for World Protection': Trump Addresses if US Will Use Force in Greenland

Sarah Huckabee Sanders' Kids Make 2,000-Year-Old Archaeological Discovery in Israeli Cave

FDA Clears First At-Home Brain Device for Depression, a Non-Drug Option

Planned Parenthood's Grip on Christian Universities, and the Pushback Taking Place