4705 Outlook

Economic Outlook: September 17, 2021

Sep 17, 2021  | Ep4705

The foot appears to have come off the inflation gas pedal in August. ---

The Consumer Price Index went up 0.3 percent - the smallest rise since January. The less volatile core CPI added 0.1 of a percent. 

Even with higher sticker prices, retail sales rose 0.7 percent last month - much of the gain came from online purchases. 

The Rural Mainstreet Index added a tenth month above growth neutral, but did record a three point decline from the previous snapshot. The Creighton University survey cited solid grain prices, low interest rates and growing exports underpinning the rural economy.

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