Lower gasoline prices slow US inflation.

Even if the price of gasoline decreased last month, prices in the US rose at an annual rate of 8.3%.

The cost of food, housing, and medical care increased even though the annual rate decreased from 8.5% in July, according to the Labor Department.

A more broad relaxation of the inflationary pressures was what economists had hoped for.  Americans continue to prioritize low inflation, which puts pressure on the White House and other authorities.

According to Chris Jackson, senior vice president of the Ipsos polling company, "Americans have been telling us for months that it's the top issue they have and, rightly or not, they blame whoever is running the country for that."

Early this year, US President Joe Biden's approval ratings fell around 40%, showing widespread anxiety over the rising cost of living.

Although they have begun to improve recently as gas prices have declined, Mr. Jackson said the matter still represents "a major dilemma" for the president and the Democratic party as a whole.

November will bring the next round of federal elections, which will decide who controls Congress.

According to Mr. Jackson, it would be unprecedented for a president to gain seats in the midterm elections with ratings like Mr. Biden's.

One of the many Americans who feels burdened by rising prices is Kenny Shorne.

The 23-year-old, who makes a living by working in construction and photography, resides in New Jersey with his family in an effort to reduce costs.

Additionally, he just interrupted his communications master's program because he was worried he wouldn't be able to finance it as other expenses rose.

Other Storise