Reported about 12 hours ago
The Consumer Price Index (CPI) report for September reveals that inflation in the U.S. has increased by 0.3% month-over-month and 3% year-over-year, both figures lower than anticipated by economists. Additionally, core CPI, which excludes food and energy prices, rose 0.2% month-over-month and 3% year-over-year, also below forecasts. This data, delayed due to a government shutdown, hints at a cooling inflation trend, alleviating some concerns regarding potential tariff impacts on prices.
Source: YAHOO