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Showing posts with the label MBE Inflation Index

August CPI: Inflation Accelerates, Raising New Concerns for Minority Businesses

The August 2026 Consumer Price Index (CPI) provides another reason to be cautious about declaring victory over inflation. The CPI increased 0.4 percent in August , four times July's 0.1 percent increase. Annual inflation remained at 3.4 percent , while core CPI increased 0.3 percent for the month. The relatively stable annual headline masks a critical development: inflation accelerated during August. Energy Is Again the Warning Sign Energy prices increased 2.1 percent in August, while gasoline jumped 3.9 percent . Gasoline alone accounted for more than one-third of the monthly CPI increase. Gasoline prices are now 27.4 percent higher than a year ago , according to US Department of Labor Bureau of Labor Statistics (BLS). This matters for transportation, logistics, construction, food distribution, delivery and other businesses with significant fuel exposure. For these firms, a 3.4 percent national inflation rate bears little resemblance to their actual increase in operating costs. M...