NASHVILLE, TENN. (RFD-TV) — The Consumer Price Index rose 0.6 percent in September, following a 0.4 percent increase in August, according to the U.S. Bureau of Labor Statistics.
Over the past 12 months, consumer prices increased 3.7 percent, up from 3.4 percent in August.
Energy prices drove much of the monthly increase, with gasoline prices rising 9.1 percent in September. The overall energy index climbed 5.2 percent, while the food index remained unchanged. Grocery prices fell 0.1 percent, as food prices away from home increased 0.2 percent.
Core inflation, which excludes food and energy, rose 0.3 percent in September, matching August’s increase. Shelter costs increased 0.4 percent during the month.
Over the past year, energy prices rose 20.4 percent, while food prices increased 2.5 percent. Gasoline prices climbed 34.2 percent over the same period.
The report highlights continued pressure from energy costs, even as overall food prices remained steady in September.
