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Joint Economic Committee Chairman Schweikert: Inflation Increased Slightly While Real Wages Decreased Marginally
September 11, 2025
WASHINGTON, Sept. 11 -- Rep. David Schweikert, R-Arizona, chairman of the Joint Economic Committee, issued the following news on Sept. 10, 2025:

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Inflation Increased Slightly While Real Wages Decreased Marginally

Today, the Joint Economic Committee released its monthly inflation update. Over the past year (August 2024 to August 2025), the consumer price index rose 2.92 percent, increasing by 0.39 percentage points. Month-over-month it increased by 0.18 . . .

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