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Less inflation than had been expected reported in August while personal income was up
Provisional assessment
Confidence not measured.
Accuracy: False. The August inflation report in the supplied Reuters/Business Insider excerpts says headline CPI was as expected, not lower than expected, while core CPI was above expectations. Although supplied evidence indicates personal income was up in August, the conjunction fails because the inflation-was-less-than-expected part is contradicted. Older/other August personal-income passages support income rising, but none support lower-than-expected August inflation for the cited August inflation report.