Business2 sources

US Inflation Rises to 3.7% in September, Driven by Gas Prices

  • The consumer price index increased by 0.6% in September, according to the Bureau of Labor Statistics.
  • Gas prices drove consumer prices up an annual 3.7% in September.
  • The final inflation report before the midterm elections shows the highest rate of inflation since the spring.
  • Republicans are entering the midterm elections with this inflation rate, amid widespread anger over the cost of living.
  • The increase in gas prices was the primary driver of the overall inflation rise.
US Inflation Rises to 3.7% in September, Driven by Gas Prices | Split Angle