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Consumer Price Index, September 2021
The Consumer Price Index (CPI) rose 4.4% on a year-over-year basis in September, the fastest pace since February 2003 and up from a 4.1% gain in August. Excluding gasoline, the CPI rose 3.5% year over year in September. The monthly CPI rose 0.2% in September, the same growth rate as in August. Month-over-month CPI growth has been positive for nine consecutive months. On a seasonally adjusted monthly basis, the CPI rose 0.4%. Prices rose year over year in every major component in September, with transportation prices (+9.1%) contributing the most to the all-items increase. Higher shelter (+4.8%) and food prices ... (full story)
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