US September CPI rises 3.7% as gasoline prices surge

AI-generated briefing · First published 2026-10-15 04:12:01 UTC

Inflation accelerated more than expected, driven by energy costs, ahead of midterms and a Fed decision.

US consumer prices rose 0.6% in September and 3.7% over the year, above forecasts, with gasoline up 9.1% monthly and 34.2% annually, according to the Bureau of Labor Statistics. [1] [3] [4] [7]

Core CPI excluding food and energy increased 0.3% monthly and 2.6% yearly; shelter costs rose 0.4% while food prices were flat. [1] [4]

Markets fell, the dollar hit a one-year high and traders raised bets on a Federal Reserve rate hike later this month; the data is the last major inflation release before the November 3 midterm elections. [2] [4] [5] [6] [7]

Sources

1. CPI for all items increases 0.6% in September; gasoline rises

   BLS Consumer Prices · 2026-10-14 11:50:31 UTC · Excerpt

2. U.S. September CPI comes in hot, sending bitcoin sharply lower

   CoinDesk · 2026-10-14 12:33:56 UTC · Summary only

3. US inflation rises more than expected ahead of midterm elections

   BBC Business · 2026-10-14 12:47:07 UTC · Excerpt

4. US inflation rises before midterm elections, fuelling rate hike fears

   Al Jazeera · 2026-10-14 15:31:29 UTC · Full text

5. 纽约汇市：美元升至逾一年高点 美国通胀超预期推升加息押注

   Sina Finance · 2026-10-14 19:34:53 UTC · Full text

6. Higher Energy Prices Pushed U.S. Inflation Up to 3.7% Ahead of Midterm Elections

   NY Times · 2026-10-14 20:22:19 UTC · Summary only

7. US inflation up 3.7 pct in September

   RTHK Finance · 2026-10-14 23:16:17 UTC · Excerpt

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