US inflation rises more than expected in September as gasoline prices jump
US consumer inflation accelerated more than expected in September, according to official figures released in the final data update before next month's midterm elections. The consumer price index showed annual inflation at 3.7%, up from 3.4% in August. The increase was driven in large part by higher gasoline prices, which rose after disruption to Middle East energy supplies linked in the reporting to the US-Israel conflict with Iran.The Bureau of Labor Statistics said gasoline prices jumped 9.1% in September alone and accounted for more than half of the monthly increase in inflation. Energy prices overall were up 20.4% over the... [Continue Reading]
360LiveNews | 14 Oct 2026 16:03 LONDON
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