Part of El-Sayed Michigan Gubernatorial Campaign · 5 stories · since Sep 25 · newest 40m ago
September CPI hits 3.7%, inflation's worst pre-midterm reading in decadesEnergy and fuel costs drive the surge, data shows
4 Yesterday 8:42 AM · 21h ago · 21 articles · 13 posts · 2 comments · 7 sources · development 4 of 7
Breakdowns of the report showed fuel oil up 74% and gasoline up 34.2% year-over-year, with electricity up 4.4% and groceries up 1.8%, while real earnings fell 0.5% in September.
“Fuel oil: +74% year over year. Gasoline: +34.2% year over year. Electricity: +4.4% year over year. Groceries: +1.8% year over year.”
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Donald Trump U.S. PresidentBureau of Labor Statistics Federal agency that released the CPI reportFederal Reserve Central bank weighing an October rate decision@KobeissiLetter Financial commentatorDemocratic Party Political opposition ahead of midterms
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What was reported 3 claims about this development
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first by CBS News, 20h ago · also Straight Arrow
1 more headline
- Inflation rose in September, crucial pre-election report shows Straight Arrow · 20h ago
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first by CBS News, 21h ago
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first by Quartz, 1d ago
What people said 9 voices · verbatim
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🚨 BREAKING: Inflation comes in HOT. September inflation surged to 3.7% year over year, with core inflation also exceeding forecasts. Prices jumped 0.6% in just ONE MONTH. Meanwhile, real earnings fell 0.5% in September.
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BREAKING: September CPI inflation rises to 3.7%, above expectations of 3.6% Core CPI inflation rises to 2.6%, also above expectations of 2.5%. This officially marks the third highest US inflation reading since September 2023. Rate hike expectations are rising on the news.
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Across the board? How is taking more from a family of four making under 100k a year going to solve anything?
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Fuel oil: +74% year over year Gasoline: +34.2% year over year Electricity: +4.4% year over year Groceries: +1.8% year over year
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WASHINGTON (AP) — Inflation accelerated last month to 3.7% in a sign that prices remain elevated as midterm elections near.
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NEW: CPI inflation rose to 3.7% year-on-year in data released this morning, hitting the second-highest level since 2023 while increasing 0.6% month-on-month Core CPI inflation rose to 2.6% year-on-year, increasing 0.3% month-on-month
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Inflation heated up last month. Consumer prices rose 3.7%, while a core reading picked up to 2.6%.
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Breaking News: U.S. inflation accelerated in September, as higher energy costs continued to push up prices.
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Cool, Trump took inflation up to 3.7% www.bls.gov/news.release... Now we know what he means when he says the economy is hot, he means inflation is hot.
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