Consumer prices rose 3.7% annually in September as gas prices skyrocket
Summary
Consumer prices increased at an annual rate of 3.7 percent in September, driven by a sharp jump in gasoline expenses. This yearly inflation rate came in slightly above the consensus forecast from Dow Jones.
The consumer price index was expected to increase 0.6% in September on a monthly basis and 3.6% from a year ago, according to the Dow Jones consensus forecast.
Source: Read the full story at US Top News and Analysis
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