Macro EconomyMedium•14 October 2026•
1 min read
US Annual Inflation Accelerates to 3.7% in September on Rising Energy Costs
Key Facts
1The US annual consumer price index rose to 3.7% in September, exceeding the expected 3.6%.
2Gasoline prices accounted for more than half of the 0.6% monthly increase in inflation.
3Core CPI, excluding volatile food and energy prices, rose 0.3% on a monthly basis.
The US annual consumer price index rose to 3.7% in September, exceeding the expected 3.6%. Invezz reported that gasoline prices accounted for more than half of the 0.6% monthly increase in inflation. Core CPI, which excludes volatile food and energy prices, rose 0.3% on a monthly basis.
This acceleration follows earlier data indicating energy sector pressures, with the EIA Weekly Petroleum Report on October 7, 2026, showing a decrease in oil stocks by 3.186 million barrels. Regarding monetary policy context, data from October 8, 2026, showed that initial jobless claims in the US reached 197,000, coming in below the forecasted 200,000.