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Reason Magazine

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Gas and rent drive inflation higher for the second straight month

Reason Magazine
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75% Informative

Inflation rose 0.6 percent in August , the second increase in a row and the most significant single-month jump in more than a year .

The spike was driven primarily by fuel and rent.

The annualized inflation rate rose to 3.7 percent , up from 3.2 percent in July .

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