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Friday, September 11, 2026

CPI read: Beef prices tick lower in August, still notably higher than a year ago

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Heard of cattle moving through cattle pen

MoMo Productions/DigitalVision via Getty Images

The Consumer Price Index report for August indicated a 3.4% year-over-year increase to match the consensus expectation.

Beef prices moderated slightly during August, with uncooked beef roasts down 1.7% month over month and beef steaks 1.5% lower, although both categories showed prices much higher

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