Year over Year, CPI remains below The Fed's mandat at +1.9% but that is hotter than expected and the highest since April..

年率でみるとCPIはまだFEDの任務である＋１．９％に達していない、しかし予想を上回り４月以来の大きさだ・・・

As the breakdown shows, the gains were largely driven by rising energy and shelter costs (and note that vehicle prices are tumbling)

その要因分析を見ると、上昇は主にエネルギ価格と住宅費の上昇によるものだ（そして自動車は下落している）。

The motor vehicle insurance index continued to rise, increasing 1.0 percent in August. The recreation index also increased in August, rising 0.2 percent. The medical care index rose 0.1 percent in August. The index for physicians' services advanced 0.4 percent, and the hospital services index increased 0.2 percent. The apparel index rose 0.1 percent in August, as did the indexes for alcoholic beverages and for household furnishings and operations. The index for new vehicles was unchanged in August after declining in July.

自動車保険は上昇し８月に１％増加だった。遊興費指数も８月に０．２％伸びた。医療費の増加は８月に０．１％だった。診療費指数は０．４％伸びた、そして入院費も０．２％伸びた。衣料費は０．１％の上昇だった、アルコール飲料や家具も上昇した。７月に下落したが新車価格は８月に変わらずだった。

The index for airline fares, which rose 0.7 percent in July, fell 1.0 percent in August. The index for used cars and trucks continued to decline, falling 0.2 percent. The indexes for tobacco, for education, for wireless telephone services, and for personal care all declined 0.1 percent over the month

航空運賃は７月に０．７％増加したが８月に１．０％下落した。中古車は引き続き下落し０．２％下落。タバコ、教育費、携帯電話そして日用品は０．１％下落だった。

And in core inflation, the shelter index was the main contributor to the rise, increasing 0.5 percent, its largest increase since October 2005.

コアインフレ率に関しては、主な上昇要因は住居費だった、これが０．５％伸びた、２００５年１０月以来の大きな伸びだ。

The rent index increased 0.4 percent, and the index for owners' equivalent rent rose 0.3 percent. The index for lodging away from home rose sharply, increasing 4.4 percent after decreasing 4.2 percent in July.

住居賃貸費は０．４％増えた、そして帰属家賃は０．３％増えた。ホテル等宿泊費は４．４％増えた、一方７月には４．２％の下落だった。

• Rent Inflation+3.9% YoY
  
  貸家インフレ率＋３．９％　YoY
  
  
• Shelter inflation +3.3% YoY
  
  住居費インフレ率＋３．３％ YoY
  

So great news - the cost to drive and to have a roof over your head just surged!

注目すべきはーードライブの費用と宿泊費が高騰したことだ！

Still absent Food, Energy, and Shelter, consumer prices in America are rising at almost the slowest rate on record...

食料、エネルギー、住居を除外すると、米国消費者物価上昇率は記録的低成長だ・・・・

The market is confused...

市場も困惑している・・・・