The inflation rate rose to 3% in September, just shy of what experts expected, according to the Consumer Price Index report released Friday.
Oct. 24 Consumer inflation rose to 3% in September, just shy of what experts expected, according to the Consumer Price Index report released Friday.
The report from the Bureau of Labor Statistics showed prices rose 0.3% compared to the previous month. In response to the data, the Social Security Administration increased the annual cost-of-living benefit by $56 per month to 2.8% for 2026.
The CPI report was originally scheduled to be published Oct. 15, but the shutdown delayed work.
