US EditionInflation Hit 3 Percent in September as Energy Prices Squeezed Households
Annual inflation hit 3%, driven by rising gasoline and energy costs, highlighting inflation persistence ahead of the Federal Reserve’s key policy meeting.
- On Friday, the Bureau of Labor Statistics reported the consumer price index rose 0.3% last month and annual inflation reached 3% in September, as Wall Street awaited the data.
- Rising fuel and food costs led the increase as gasoline costs rose 4.1%, energy prices climbed 1.5%, and food prices jumped 0.2%, with a delay caused by the federal government shutdown.
- Core inflation data show Core CPI climbed 0.2% last month, while the dairy and related products index fell 0.5% with cheese down 0.7%, and the fruits and vegetables index was unchanged.
- The Federal Reserve faces an outsized impact from the CPI at next week's Federal Reserve meeting, while JPMorgan Chase & Co. estimates around a 65% chance the S&P 500 Index will rise.
- Households face rising costs, with polls showing inflation as their top concern and 232,000 new unemployment benefit applications last week.
49 Articles
49 Articles
Inflation in the United States increased only slightly in September, while the Federal Reserve is preparing to further lower interest rates next week to underpin the labour market. The Consumer Price Index (CPI), published on Friday with 10 days late by the Bureau of Labor Statistics, increased by 3% over the same period of the previous year. This is the fastest annual rate since the beginning of the year and represents a slight increase from th…
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Inflation climbs to highest level since January, beef prices soar
Vegetables on display in a grocery store, August 15, 2025 in Delray Beach, Florida. (Joe Raedle/Getty Images) (NEW YORK) — Consumer prices rose 3% in September compared to a year ago, extending a monthslong uptick that has sent inflation to its highest level since January, government data on Friday showed. The reading came in lower than economists’ expectations. The fresh data marked a slight increase from a 2.9% year-over-year increase recorded…
Washington, Oct 24 (EFE).- The U.S. Consumer Price Index (CPI) rose by 3% year-on-year in September, an increase of one tenth over the August data, reported this Friday the Bureau of Labor Statistics (BLS) that publishes these figures in an extraordinary way during the closure of the federal government. The underlying inflation, which excludes volatile energy and food indices, also stood at 3%, a slight decrease of one tenth compared to the prev…
Inflation hit 3 percent in September as energy prices squeezed households
(The Hill) – Annual inflation rose to 3% in September as a jump in gasoline and energy prices pushed price growth to its highest level since January. The consumer price index (CPI) rose 0.3% last month and 3% over the 12-month span ending in September, according to data released Friday by the Bureau of Labor Statistics. (BLS). The September inflation report, which was delayed by the ongoing government shutdown, is the first federal economic data…
The data were published by the Department of Labour several weeks late, due to the budgetary paralysis affecting the Federal State.
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