U.S. Consumer Price Index rises
The U.S. economy’s rebound from the pandemic has driven the consumer price index (CPI) to rise 5.4% in September on a year-over-year basis, as supply chains continue to remain strained
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Published - Oct 13, 2021, 08:31 PM ET
Last Updated - Jun 05, 2024, 03:07 AM EDT
By Yashasvini Razdan, 1:22 PM ET
-- The Labor Department reported CPI rose by 0.4% monthly and 4% on an annual basis in September, reported the Labor Department
-- The index rose by 0.2% and 4%, respectively, excluding food and energy.
The U.S. economy’s rebound from the pandemic has driven the consumer price index (CPI) to rise 5.4% in September on a year-over-year basis, as supply chains continue to remain strained.