US inflation rises to 3.7% in September, driven by gasoline prices

AI-generated briefing by News4U · First published 2026-10-15 04:12:01 UTC

September CPI rose 0.6% monthly and 3.7% yearly, above forecasts, ahead of midterms and Fed decision.

US consumer prices rose 0.6% in September and 3.7% over the year, exceeding forecasts, with gasoline prices up 9.1% monthly and 34.2% yearly, accounting for over half the monthly increase. [1] [3] [4] [6]

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

The report, released days before the Federal Reserve's next meeting and midterm elections, has raised expectations of a possible rate hike and added pressure on President Trump. [2] [3] [4] [5] [6]

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 · Full text

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

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

5. 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

6. US inflation up 3.7 pct in September

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

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