Inflation fell for sixth month in a row to 2.4% in September in last report before election

Inflation fell a tenth of a percentage point to 2.4% for the year ending in September, the Bureau of Labor Statistics reported on Thursday in an update to the consumer price index, the sixth consecutive monthly drop.

The decline is good news for Vice President Kamala Harris, who has been working to highlight falling inflation. This is the last consumer price index report before the Nov. 5 election.

Most economists expected that annual inflation would fall from 2.5% to 2.3%, so the reading came in a bit hotter than anticipated.