Economists at Goldman Sachs Group Inc. anticipate that the upcoming release of August's Consumer Price Index inflation report will reveal a significant increase. They predict a 0.37% rise in the headline CPI, exceeding the consensus of +0.3%, driven by higher food prices at +0.35% and energy prices at +0.6%. This would result in a year-over-year inflation rate of 2.9%. Core CPI, which excludes volatile food and energy costs, is also expected to surpass the consensus, with an anticipated 0.36% increase in August, leading to a year-over-year rate of 3.13%, above the +3.1% consensus. The analysts expect these inflation figures to be influenced by rising costs in various sectors, including travel and those impacted by new tariffs.