US consumer prices rise 3.7% in September

financeOct 14, 202670404

The Bureau of Labor Statistics reported U.S. consumer prices rose 0.6 percent in September and 3.7 percent from a year earlier, the fastest annual pace in five months. Core CPI, which excludes food and energy, increased 0.3 percent for the month and 2.6 percent year over year, above economists' Dow Jones estimates. Energy costs were the main driver: the energy index rose 5.2 percent, gasoline jumped 9.1 percent in September and is up 34.2 percent over the past year, while fuel oil climbed 74.2 percent year over year. Food prices were flat for the month and up 2.5 percent annually; shelter rose 0.4 percent and used vehicle prices gained 0.7 percent in September. Stock futures turned negative and Treasury yields rose after the release, and futures traders pushed the odds of a Federal Reserve rate increase at the Oct. 27-28 meeting to about 54 percent, with a better than 96 percent chance of a hike before year end. Sonu Varghese, chief macro strategist at Carson Group, said core inflation ran at a 3.7 percent annualized pace in September and warned investors have repeatedly been surprised by broad-based inflation; the BLS will release the September producer price index on Thursday.

Mark Jacob

@markjacob.bsky.social

The annual rate of inflation was 3.0% in the last month of Biden's presidency. It's 3.7% now. But Trump keeps saying, “Prices are coming down," and he's not going to stop lying.

1694h ago

Quoting this

calizaybak.bsky.social3

Well yeah, look how far lying has gotten him and his base will walk into the grocery store, drive up to the gas stations chortling about how Dear Trump Leader has lowered all the prices then drive away with the receipts growling about "fuckin' Biden economy".

Sean Casten

@seancasten.bsky.social

"The bulk of the increase stemmed directly from energy prices, which have shot higher this year because of the war with Iran". www.nytimes.com/live/2026/10...

913h ago

Sean Casten26

This article should be read in tandem with this report from the NY Fed that looked at causes of inflation *prior to* the Iran invasion, and concluded it was "entirely" due to Trump tariffs. bsky.app/profile/sean...

Micker1

Cue in it is Biden's fault

Quoting this

🗽LOLGOP🗽53

Never before has a president personally fucked over nearly every American on the exact issue he won on. Someone build that man an arc!

Omri Marian9

In 2017 Republicans and Trump changed how we index tax brackets to inflation. As a result, in high inflation environment, our (working people) taxes are slowly, constantly, incrementally increased, without anyone telling us or you noticing. Congrats to us all.

Kimberly Chrisman-Campbell2

Reminder: changing clocks twice a year (which Trump wants to stop doing) was first introduced to SAVE ENERGY.

Jeff (Hot Type) Jarvis

@jeffjarvis.bsky.social

It's Stupid's Economy. Thanks, Trump. Broad Pickup in Prices Lifted Inflation to 3.7% in September www.wsj.com/economy/cpi-...

443h ago

Quoting this

Josh Marshall523

I've said for a long time that the economics profession owes Trump big time. You've never had a real world test of "what if a President does everything he can to raise inflation?" a generation of PhD dissertations will be written on this.

Paul Lieberman17

“…Gasoline prices last month rose 9.1% from the prior month—a faster pace than August’s 3.9% increase—and are up 34% over the past year. Fuel-oil prices, meanwhile, are up 74% since last September…”

Scoutprime11

We're all paying through the nose because one third of the country elected a moron...twice never forget or forgive those people

Peter Baker

@peterbakernyt.bsky.social

Inflation ticks up to 3.7%, above the 3.0% it was when Trump took office, according to the last report before midterm elections that appear to be turning in large part on economic pessimism and concerns about affordability. @colbylsmith.bsky.social www.nytimes.com/live/2026/10...

302h ago

The Democratic Difference1

And far above the 2.4% it was at in the final month (Feb.) before Trump began his war in Iran.

Jennifer Ouellette

@jenlucpiquant.bsky.social

U.S. inflation is expected to surge in September as gasoline prices jumped 7% qz.com/us-september...

83h ago

tomwellborn3rd

@wellborn.net

Gas jumped 9.1% in one month, airfares are up 22% on the year, and now the Fed might hike rates on top of it. Fuckface's Iran war gets you a bigger bill at the pump and a bigger bill on your loans. Nobody voted for the combo plate.

92h ago

Andrew Levesque

@andrewlevesque.bsky.social

www.npr.org/2026/10/14/n... A report from the Labor Department Wednesday showed consumer prices in September were up 3.7% from a year ago. That's a larger annual increase than the previous month….

63h ago

Manoj Mate

@manojmate.bsky.social

Less than three weeks before election, CPI report shows inflation rose 3.7 percent in September from a year earlier, driven by 34 percent increase in gas prices. www.nytimes.com/live/2026/10...

33h ago

legal cat 🐾

@legalcat.bsky.social

someone smarter than me explain how fuel prices went up 75% year over year yet the consumer price index is reporting just 3.7% inflation

93h ago

Cheeto Voodoo

@cheetovoodo.bsky.social

FAFO. Inflation continues to rise under Trump Presidency and the GOP. Vote them ALL OUT on November 3!

44h ago

MrPassportKing

@mrpassportking.bsky.social

Consumer Prices Rose at 3.7% Annual Rate in September as Gas Costs Skyrocket Gas prices soared 9.1%, accounting for about half the gain in headline CPI. Over the past year, gas has posted a 34.2% gain while fuel oil has roared higher by 74.2%. www.cnbc.com/2026/10/14/c...

14h ago

Patrick Lovell The Producer

@patricklovellpresentsthecleannewdeal.com

Is this funny? Live Update: Soaring Energy Prices Push Inflation Higher www.nytimes.com/live/2026/10...

33h ago

Lauren Ashley Davis

@laurenmeidasa.bsky.social

The consumer price index (CPI) increased 0.6 percent last month and was up 3.7 percent relative to September 2025. That marked an increase from August, when annual inflation sat at 3.4 percent. Inflation rose to 3.7 percent in September: BLS thehill.com/business/614...

53h ago

Chuck Darwin

@cdarwin.c.im.ap.brid.gy

US inflation jumped in September, and by more than expected, as the soaring cost of motor fuel pushed up the cost of living. The US Consumer Prices Index roses by 3.7% in the year to September, up from 3.4% in August. Economists had forecast a smaller rise, to 3.6%. Prices rose by 0.6% in […]

3h ago

CapeCodCritter

@capecodcritter.bsky.social

Breaking news! What Americans already knew. Prices are still going up thanks to increased inflation caused by Trump’s stupid Iran War. Vote Trump & MAGA out. www.nytimes.com/live/2026/10...

13h ago

3 sources

cnbc.comConsumer prices rose at 3.7% annual rate in September as gas costs skyrocket nbcnews.comUS Inflation Accelerates to 3.7% as Energy Costs Squeeze Consumers processorpress.comInflation Hits 3.7% as Gas Prices Refuel Political Drama Ahead of Midterms

US consumer prices rise 3.7% in Septemberfinance

US consumer prices rise 3.7% in September

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