Business

Inflation Outpaces Wage Growth

Updated 2026-09-12 17:55 UTC 1 source Negative

Consumer prices rose 3.4% in August, outpacing the 3.1% increase in wages, squeezing Americans’ paychecks.

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CNBC
In August, consumer prices rose 3.4% over the past year while wages increased just 3.1%.
2026-09-12 12:49 UTC
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