Summary
Consumer prices in the United States rose less than expected in September, with the consumer price index (CPI) increasing by 0.3 percent from August. The Federal Reserve is expected to lower interest rates amid ongoing economic challenges, including a government shutdown impacting data collection.
Key Facts
- U.S. consumer prices increased by 0.3 percent in September compared to August.
- Annual CPI rise was 3 percent compared to the same time last year.
- Petrol prices increased by 4.1 percent in September on a monthly basis.
- Energy prices went up by 1.5 percent over the same period.
- The index for goods and services, excluding food and energy, rose by 0.2 percent.
- The Federal Reserve is expected to lower interest rates by 25 basis points.
- The government shutdown is affecting economic data availability.
- The Social Security Administration announced a 2.8 percent increase in monthly payments for 2026 based on this data.
