Summary September’s 0.4% rise in the Consumer Price Index underscores that inflation is not about to quietly fade away. Rising costs for basic items such as food, energy and housing were behind September’s gain, making the increase particularly painful for consumers. Not All Inflation Is Created Equal Inflation perked back up in September, with the Consumer Price Index advancing 0.4%. The year-over-year rate of inflation ticked back up to 5.4% in a sign that inflation is not about to quietly fade away, even if the sharpest monthly price hikes of the post-pandemic period are behind us. READ FULL ARTICLE>>
