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Gasoline rose 9.1% in a month, and the inflation report shows it

Gasoline's 9.1% monthly rise signals inflation pressure captured in the report.

Context

What happened: The Consumer Price Index rose 0.6% in September, and the gasoline index accounted for more than half of that monthly increase. Key numbers: CPI up 0.6% in September. Gasoline rose 9.1% in a month. Why it matters: Gasoline drove more than half of the monthly CPI increase, making energy a dominant factor in the September inflation reading.

What changed

The Consumer Price Index rose 0.6% in September, and the gasoline index accounted for more than half of that monthly increase.

Why it matters

Gasoline drove more than half of the monthly CPI increase, making energy a dominant factor in the September inflation reading.

Sources