Higher Gasoline And Diesel Prices Lift U.S. Inflation In August ...Middle East

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Higher Gasoline And Diesel Prices Lift U.S. Inflation In August
Higher gasoline and diesel prices pushed U.S. inflation higher in August, prompting the White House to reach out to the oil and gas industry, to ensure stable supply. Consumer prices in the United States rose by the most in 14 months, Reuters reported, although the annual increase was a modest one. The big driver behind the price surge was gasoline. The price of the most popular passenger car fuel rose by a significant 10.6% last month, to fuel a consumer price index increase of 0.6%, after two consecutive months of gains of 0.2%. The price rise…

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