September CPI report shows inflation accelerated to 3.7% as energy costs soared
Reported by CBS News · October 14, 2026
Inflation accelerated across the U.S. in September, rising at an annual rate of 3.7% as energy prices soared, according to new government data.
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.
Nine in 10 Americans say prices are the most important factor shaping their views of the economy, according to a CBS News poll released earlier this month.
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- Inflation accelerated across the U.S. in September, rising at an annual rate of 3.7% as energy prices soared, according to new government data.
- 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.
- Nine in 10 Americans say prices are the most important factor shaping their views of the economy, according to a CBS News poll released earlier this month.