The Bureau of Labor Statistics will give details about how much prices for U.S. consumers rose in September and how far your money is going in this economy.
The consumer price index (CPI), a closely watched inflation gauge, rose 3.7 percent from a year ago, the same rate as in August, the Labor Department said.
By Alicia Wallace, CNN Minneapolis (CNN) — Inflation remained elevated in September as gas and rents kept prices high and heaped more pressure on consumers, according to new data released Thursday by the Bureau of Labor Statistics.
US inflation rose 3.7% in September — more than economists expected and still well above the Federal Reserve’s 2% target as the central bank weighs whether to further hike interest rate…
Inflation stayed unusually high in September due to an uptick in the cost of energy, rent and food, and it continued to squeeze millions of U.S. households.
September’s Consumer Price Index showed a 3.7% annual increase in inflation and a 0.4% month-over-month increase, slightly higher than analysts had forecast. Core CPI increased 0.3% in September on a monthly basis, showing a 4.1% annual increase in core CPI.
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Inflation held steady in September, running hotter than expected | Since Then
