GoKawiilUS Consumer Price Index Rose 3.7% in September, Labor Department Reports
The Department of Labor reported that the consumer price index increased 3.7% year-over-year in September, up from 3.4% in August, with monthly costs rising 0.6%, the sharpest increase in five months. Core prices, excluding food and energy, climbed 2.6% annually, up from 2.4% the prior month, driven partly by higher gas, clothing, and airfare costs.
GoKawiil's interpretation of the reporting above, not reported fact.
The acceleration in prices comes just weeks before the midterm elections, where affordability has become a central political issue, and could further erode public confidence in the administration's economic stewardship, as suggested by a recent AP-NORC poll showing only 17% approval on cost-of-living handling. The data also puts pressure on the Federal Reserve, which must weigh whether to raise interest rates further to meet its 2% inflation target, a decision complicated by rising costs tied to both energy prices and AI-driven demand for computer chips.
- CPI rose 3.7% year-over-year in September, up from 3.4% in August.
- Core inflation, excluding food and energy, climbed to 2.6% annually, above the Fed's 2% target pace.
- Only 17% of adults approve of the administration's handling of cost-of-living issues, according to an AP-NORC poll.
Source: fastcompany.com, 2026-10-14
Published there as: “Inflation got worse in September as consumers struggle with high prices ahead of the midterms”
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