Inflation edged up in Sep., report shows
Digest more
Economists expect prices to have risen 3.1% in September, which would mark a slight increase from a 2.9% year-over-year increase recorded a month prior. The anticipated reading would amount to the highest inflation since May 2024.
The cost of living got even more expensive for Americans last month, with prices rising at the fastest pace since the start of the year.
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 news that inflation could be worse is hardly comforting for millions of Americans still flabbergasted at the prices of necessities like food, housing and insurance.
7hon MSN
Stocks rally and Dow closes above 47,000 for first time after cooler-than-expected inflation report
Better-than-expected inflation data Friday morning sparked an end-of-week rally in stocks, sending the Dow, S&P 500 and tech-heavy Nasdaq Composite soaring to fresh record highs.
I bond interest rates adjust every six months, and the inflation reading released Friday allows us to calculate what your next rate will be on existing bonds.
The government shutdown likely means there won’t be an inflation report next month for the first time in more than seven decades, the White House said Friday, leaving Wall Street and the Federal Reserve without crucial information about consumer prices.
Wall Street rose to records after an update said U.S. households are feeling a bit less pain from inflation than feared