US Inflation Rises to 3.7%

The US inflation rate rose to 3.7% in September.

According to Ambassador Arjan, the consumer inflation rate in the United States increased to 3.7% in September in response to the war against Iran, surpassing the economists' forecast of 3.6%.

According to this report, the US core inflation rate, which does not include food and energy prices in its calculations, also reached 2.6%; A figure that is higher than the market forecast of 2.5%. With these figures, US inflation has reached its third highest level since September 2023.

The publication of this higher-than-expected statistic has strengthened the possibility of an interest rate increase in market assessments; An issue that could affect investors' expectations about the future direction of the Federal Reserve's monetary policy.

This jump was mainly due to the increase in the price of petrol and diesel. Increases in the price of plane tickets and used cars also led to a 0.6% month-on-month increase, the largest increase since May.