(BLS) US Consumer Price Index ticked higher by 0.4% in September, higher than projected and August’s 0.3% increase. The index was up by 5.4% in the last 12 months, higher than the estimated 5.3%.
Food and shelter indexes accounted for more than half of the monthly surge in consumer prices.
The food index was up 0.9% in September, while the index for food at home increased by 1.2%. The food index rose by 4.6% in the past 12 months.
The energy index posted a 1.3% rise in September, while the gasoline index increased by 1.2%. The energy index was up 24.8% over the last 12 months.
Less food and energy, consumer prices rose by 0.2% in September, higher than an increase of 0.1% in August. The index was up 4.0% in the last 12 months, the same as in August.
SPY is down -0.085% on premarket, DXY is down -0.08%.
