October 3, 2026

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Inflation is outpacing wage growth again, squeezing Americans’ paychecks

Business CNBC
Image: CNBC

In August, consumer prices rose 3.4% over the past year while wages increased just 3.1%.

CNBC reported this story. Read the full report on cnbc.com →

This is a short summary. CNBC wrote and published the full report.

Continue on cnbc.com →

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