PRICES ROSE MORE THAN EXPECTED IN SEPTEMBER

Key Points:

  • The Consumer Price Index (CPI) rose 0.4% in September after rising 0.6% in August.
  • CPI increased 3.7% from a year ago, the same reading as August.
  • The index for energy rose 1.5% over the month, food rose 0.2%, and shelter increased by 0.6%.
  • The index for food at home increased 0.1% over the month while the index for food away from home rose 0.4%.
  • The core CPI, which excludes food and energy, rose 0.3% in September and is up 4.1% from the previous year.
  • The energy index is down 0.5%, the food index is up 3.7%, and shelter is up 7.2% from the previous year.
  • The Right Facts will continue to monitor CPI.
Source