U.S. consumer prices rose 3.7% year-over-year in September, up from 3.4% in August, as the Iran war pushed gas prices higher and the AI buildout raised semiconductor and electronics costs. The report lands weeks before midterm elections dominated by affordability concerns.
Inflation Accelerates to 3.7% in September, Final CPI Report Before Midterms
U.S. consumer prices rose 3.7% year-over-year in September, up from 3.4% in August, as the Iran war pushed gas prices higher and the AI buildout raised semiconductor and electronics costs. The report lands weeks before midterm elections dominated by affordability concerns.
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