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September CPI +0.2%; Core +0.2%

US DATA
MNI (Washington)
  • U.S. CPI rose 0.2% in September following a 0.4% gain in August. Financial markets had expected an increase of 0.2%.
  • Energy prices were up 0.8%, with September natural gas prices rising 4.2%. Gasoline prices increased 0.1% after a 2.0% gain in August.
  • Food prices were unchanged in September, with a 0.6% gain in the cost of dining out weakened by a 0.4% decline in grocery prices.
  • Excluding food and energy, CPI was up 0.2%, in line with market expectations. That was mainly driven by surging prices of used cars and trucks, which rose 6.7% in September, the largest monthly increase since 1969.
MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com
MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com

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