by Mike ‘Mish’ Shedlock
The BLS reported the CPI Rose 0.3% for the month, most of which stems from energy and owners equivalent rent.
The BLS also noted the indexes for prescription drugs were incorrect as published for May 2016 through August 2016. This affected the U.S. All Items Index back through May. Corrections have been loaded to the databases.
The 0.3% rise for the month, matched the Econoday Consensus.