Inflation Slows in September

October 11, 2018

Consumer prices increased less than expected in September. The Consumer Price Index (CPI) rose 0.1 percent last month, a smaller increase than August’s 0.2 percent. Economists had forecast an increase of 0.2 percent. The last 12 months through September saw the CPI climb 2.3 percent, slowing from August’s 2.7 percent increase over the same period.

The “core” CPI, which strips out the more volatile food and energy components, increased 0.1 percent for the second straight month. In the last 12 months through September, the core CPI has increased by 2.2 percent.

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