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US inflation rose to 3.7% in September, driven by gas prices
5 sourcesLeft-leaning 2Center 3Right-leaning 0
Summary
The Consumer Price Index rose 3.7% over the year to September, up from 3.4% in August, the Bureau of Labor Statistics reported. Monthly prices increased 0.6%. The rise was driven largely by higher energy costs, including a 9.1% jump in gas prices. The report comes ahead of the midterm elections and keeps pressure on the Federal Reserve and President Trump over price pressures.
Left-leaning
- Inflation jumps to 3.7% as gas and diesel prices squeeze consumers ahead of the midtermsNBC News · Oct 14, 8:34 AM
- Higher Energy Prices Pushed U.S. Inflation Up to 3.7% Ahead of Midterm ElectionsNew York Times · Oct 14, 2:54 PM
Center
- Inflation rose to 3.7 percent in September: BLSThe Hill · Oct 14, 8:38 AM
- Gas prices drove consumer prices up an annual 3.7% in SeptemberUPI · Oct 14, 10:34 AM
- US inflation rises more than expected - here's what is happening with pricesBBC News · Oct 14, 11:26 AM