- The Consumer Price Index (CPI) rose 0.4% in September after rising 0.1% in August.
- CPI increased 8.2% from a year ago, down from 8.3% in July.
- Consensus among economists was an 8.1% increase.
- The rate of price increases remained above 5% for the sixteenth straight month.
- The core CPI, which excludes food and energy, rose 0.6% in September and is up 6.6% from the previous year – a new 4-decade high dating back to August 1982.
- The energy index is up 19.8% and the food index is up 11.2% from the previous year.
- The Right Facts will continue to monitor CPI.