The BLS on Friday released its much-anticipated inflation report, delayed a week and a half because of the government shutdown.
M/M vs. 0.4% consensus and +0.4% in August, according to data released by the Bureau of Labor Statistics on Friday. The report was delayed due to the government shutdown.
The upcoming CPI report will highlight persistent inflation, especially in gasoline, energy, apparel, and shelter, which consumers faced in October. View the full analysis here.
The inflation rate rose to 3% in September, just shy of what experts expected, according to the Consumer Price Index report released Friday.
Measured year-over year, September’s core CPI was up by 3.0 percent, and has been above three percent for three months.
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