US inflation rises to 3.7% in September
Prices rose 0.6% over the month. Gasoline made the largest contribution, while core inflation reached 2.6%.

On 14 October, the US Bureau of Labor Statistics reported annual September inflation of 3.7%, up from 3.4% in August. The seasonally adjusted monthly increase was 0.6%.
Gasoline rose 9.1% over the month, accounting for more than half the overall increase. Excluding food and energy, prices rose 0.3% monthly and 2.6% annually.
Reuters reported a stronger dollar and falling stocks following the release. Expectations about the Fed’s next move are not an interest-rate decision.
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