US consumer price inflation shows signs of easing

Relief may be in sight for United States consumers, who have seen their purchasing power eroded by blistering inflation this year.

Relief may be on the horizon for consumers in the United States who’ve grown weary of seeing their dollar stretch less and less further this year.

US consumer prices increased 0.3 percent in August, after rising 0.5 percent the previous month, the US Department of Labor said on Tuesday.

That is the slowest pace of price rises since January.