Inflation Remained High in September
U.S. inflation accelerated slightly in September, as pandemic-related shortages of labor and materials continued to push up prices.
The Labor Department said the consumer-price index—which measures what consumers pay for goods and services—rose a seasonally adjusted 0.4% in September from August. That is faster than in August but down markedly from June’s 0.9% pace.
On an annual basis, inflation picked up, with CPI rising 5.4% in September from a year earlier, in unadjusted terms, a slight uptick from August and the same rate as in June and July, which was the highest...