Politics & Government

September CPI Report Shows Inflation Accelerated To 3.7% As Energy Costs Soared

The CPI tracks changes in prices over time for a basket of commonly purchased goods and services.

October 14, 2026

Inflation accelerated across the U.S. in September, rising at an annual rate of 3.7% as energy costs jumped, according to new government data.

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The latest Consumer Price Index shows that stubborn price pressures persist just weeks before Americans vote in the midterm elections.

The CPI tracks changes in prices over time for a basket of commonly purchased goods and services. Economists expected the index to rise at an annual rate of 3.6% in September, according to FactSet.

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