Summary
The Bureau of Labor Statistics released the September Consumer Price Index report after a delay due to a government shutdown. The report showed that overall prices rose slightly because of higher gas prices, while core inflation, excluding food and energy, decreased a bit.
Key Facts
- Inflation data for September was delayed due to the government shutdown.
- Overall prices increased by 0.3% from August to September.
- The annual inflation rate rose to 3.0% from 2.9%.
- Core inflation, excluding food and energy, was 3.0% annually and 0.2% monthly.
- Gasoline prices increased by 4.1% in September and influenced the overall price rise.
- Economists expected the inflation figures to align closely with the released data.
