Little progress in latest US CPI report

Headline figure was 3.7% in September, unchanged from August, but core inflation fell

US rising inflation

The US consumer price index increased year on year by 3.7% in September, the Bureau of Labor Statistics reported on October 12. Headline inflation rose 0.4% month on month.

The BLS reported slightly better news on core inflation, excluding food and energy prices, which fell to 4.1%. It stood at 4.3% in August.

The figure came in slightly above the Dow Jones forecast, which predicted a reading of 3.6% year on year and 0.3% month on month.

Rising prices for energy and housing were the major

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