Inflation edged up in Sep., report shows
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Inflation ticked up again in September. Price gains were led by increases in the cost of gasoline. See what other costs went up and down.
The Bureau of Labor Statistics is likely to skip a month of data collection for the Consumer Price Index for the first time in its history because of the ongoing government shutdown.
The September CPI inflation report is likely to show that the cost of food, electricity and housing all continued to increase for Americans.
Consumer prices still rising: Prices rose 3.0% in September from a year ago, slightly below forecasters' expectations, according to the U.S. Bureau of Labor Statistics (BLS). On a month-to-month basis, prices rose 0.3%, cooling slightly from the 0.4% inflation reported in August.
The Consumer Price Index in May rose 2.4% on an annual basis, reflecting a cooler-than-expected increase last month and signaling that the impact of President Trump's tariffs hasn't yet trickled through to prices on everyday items bought by Americans.
Future value (FV) is the value of a current asset at a future date based on an assumed growth rate. Investors and financial planners use it to estimate how much an investment today will be worth in the future. External factors such as inflation can ...
The Consumer Price Index rose 3 percent from a year earlier, a slight acceleration. The report was delayed because of the government shutdown, and the White House said it was unlikely to release inflation data next month.
The September data gives the Fed a clear path for widely expected rate cuts heading into their remaining meetings this year.
Economist Justin Wolfers weighs in on the broader implications as rising beef costs drive inflation and trade negotiations with Canada are suspended.