Inflation leveled off at 3.7% in September, continuing a gradual consumer price slowdown

Posted on AllSides October 12th, 2023
From The Left

Inflation leveled off to 3.7% in September compared to a year ago, extending a gradual slowdown in consumer prices, even as it slowed to 0.4% from 0.6% in August.

The Bureau of Labor Statistics released its latest round of price data Thursday morning. Experts had expected it to show that overall prices for consumers rose 3.6% from a year ago, and by 0.2% compared to August.

Meanwhile, core inflation — a measurement of cost increases that excludes energy and food prices because of their volatility — is up 4.1% from September last year, in line...

Read full story
https://www.nbcnews.com/business/economy/inflation-september-2023-how-economy-looks-now-consumer-price-index-rcna119776

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right