Powered by spikes in energy prices, inflation surges to 3.7%

By: Tim Henderson

Outlets: Stateline

Published: October 14, 2026

Words: 342

Last Updated: 3 days, 13 hours ago

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Inflation grew to a 3.7% annual rate in September, according to an Oct. 14 report from the U.S. Bureau of Labor Statistics, up from 3.4% in August.

In the last consumer price inflation report before midterm elections, with voters already fed up with higher prices, September’s number was the highest since May, when it was 4.2%.

“Inflation has wiped out wage gains for 6 months now,” Heather Long, …

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