Inflation in the USA amounted to 2.2 per cent in August according to the so-called PCE measure. This can be compared to 2.5 per cent the previous month.
The figure was slightly lower than market expectations. According to a compilation from Bloomberg, investors had counted on an inflation rate of 2.3 per cent.
The PCE inflation is seen by the USA's central bank, the Federal Reserve (Fed), as the most important price increase measure when decisions on future interest rates are to be made.
In contrast to the more common CPI measure of inflation, which is based on a basket of goods, the PCE inflation is calculated on what is actually consumed.
