Inflation Rises 5.4% From Year Ago, Matching 13-year High

10:31 AM
By CHRISTOPHER RUGABER AP Economics Writer
WASHINGTON (AP) — Consumer prices rose 0.4% last month, slightly higher than August’s gain and pushing annual inflation back to the highest increase in 13 years. The consumer price index rose 5.4% in September from a year ago, up slightly from August’s gain of 5.3% and matching the increases in June and July. Excluding the volatile food and energy categories, core inflation rose 0.2% in September and 4% compared with a year ago. Core prices hit a three-decade high of 4.5% in June.


Widget not in any sidebars