10/13/2021
![Consumer Price Index Shows Rising Inflation & Surging Energy Prices](https://static.wixstatic.com/media/a27d24_23870bbf289b4cebb65dc7e531c8bc8b~mv2.jpg/v1/fill/w_640,h_426,al_c,q_80,enc_auto/a27d24_23870bbf289b4cebb65dc7e531c8bc8b~mv2.jpg)
U.S. consumer prices increased 0.4% in September from August as the cost of new vehicles, food, gas, and dining out all rose, and inflation climbed 5.4% from a year ago, the largest increase since 2008, the U.S. Bureau of Labor Statistics reported.
Gas rose 1.2%, bringing the annual increase to 42.1%. Energy index increased 1.3%, rising 24.8 % over the last 12 months.
Airline fares, apparel, and used cars and trucks all declined in September.
Source:
U.S. Department of Labor - CONSUMER PRICE INDEX – SEPTEMBER 2021