© 2022 WGLT
NPR from Illinois State University
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Inflation is still high, report shows

The markets started the day up slightly, after big drops Tuesday following a Consumer Price Index report showing that prices in August were up 8.3% over a year earlier.

That increase is slightly lower than the increase for July, but it was higher than many economists were expecting.

Here & Now‘s Jane Clayson speaks with Diane Swonk, chief economist for KPMG, the accounting and professional services network.

This article was originally published on WBUR.org.

Copyright 2022 NPR. To see more, visit https://www.npr.org.