"The new consumer price data released Friday shows an overall 0.3% increase in September, bringing the annual rate of inflation to 3%, the highest it has been since January. RELATED: Social Security cost-of-living increase announced for 2026 The numbers from the Bureau of Labor Statistics showed the biggest factor in the monthly rise to be gasoline prices, up 4.1% from August to September."
"Though food prices were also up, the price increase moderated from the big jump in the previous month. Average grocery prices in September were 2.7% higher than they were a year earlier, with particularly big increases in the prices of coffee (18.9%) and beef and veal (14.7%)."
"Category September 12-month All food at home +0.3% +2.7% Meat, poultry, fish, eggs +0.3% +5.2% Cereal, bakery +0.7% +1.6% Fruits, vegetables 0 +1.3% Dairy -0.5% +0.7% Non-alcoholic beverages +0.7% +5.3% Food away from home +0.1% +3.7% Gasoline +4.1% -0.5% Electricity -0.5% +5.1% New vehicles +0.2% +0.8% Used vehicles -0.4% +5.1% Clothing +0.7% -0.1% Shelter +0.2% +3.6% Medical services +0.3% +3.9%"
Consumer prices increased 0.3% in September, pushing the annual inflation rate to 3%, the highest level since January. Gasoline rose 4.1% month-over-month and was the largest contributor to the monthly increase. Grocery prices at home were up 0.3% for the month and 2.7% year-over-year, with steep annual gains in coffee (18.9%) and beef and veal (14.7%). Electricity and used vehicles showed roughly 5.1% annual increases, while shelter rose 0.2% for the month and 3.6% year-over-year. Medical services increased 3.9% over the past year.
Read at www.mercurynews.com
Unable to calculate read time
Collection
[
|
...
]