Inflation
September Inflation Jumps to 3.7%, Led by a Gasoline Price Surge
via Al Jazeera
The September Consumer Price Index rose 3.7% year-over-year, above the 3.6% forecast, as gasoline prices spiked more than 9% in the month alone. Real wages fell 0.5%, meaning many workers lost purchasing power in September.
Why it matters
If energy prices stay elevated heading into winter, households should budget for higher gas bills, utility costs, and tighter grocery money.


