US annual inflation rose to 3.7% in September

Core inflation (which excludes energy and food prices) also edged up. The post "US annual inflation rose to 3.7% in September" first appeared on Safir Arjan.

Core inflation (which excludes energy and food prices) also rose slightly.

According to Ambassador Arjan, the annual inflation rate in the United States increased to 3.7% in September. This figure is the highest rate of inflation since this spring, and after a three-year peak of 4.2 percent in May, it has resumed an upward trend. Consumer prices have also grown by 0.6% compared to August.

Core inflation (which excludes energy and food prices) also rose slightly. The major part of this increase in prices is due to the war between America and Israel with Iran, which caused a sharp jump in energy prices.