Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows
Source: CNBC
Published Fri, Oct 24 2025 8:31 AM EDT | Updated 2 Min Ago
Prices that people pay for a variety of goods and services rose less than expected in September, according to a Bureau of Labor Statistics report Friday that keeps the door wide open for another interest rate cut next week.
The consumer price index showed a 0.3% increase on the month, putting the annual inflation rate at 3%. Economists surveyed by Dow Jones had been looking for respective readings of 0.4% and 3.1%. The annual rate reflected a 0.1 percentage point uptick from August.
Excluding food and energy, core CPI showed a 0.2% monthly gain and an annual rate also at 3%, compared to respective estimates of 0.3% and 3.1%, the latter being unchanged from a month ago. Core CPI on a monthly basis had posted 0.3% gains in both July and August.
The CPI reading is the only official economic data allowed to be released during the government shutdown.
Read more: https://www.cnbc.com/2025/10/24/cpi-inflation-september-2025.html
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CPI for all items rises 0.3% in September; gasoline up https://bls.gov/news.release/cpi.nr0.htm
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8:32 AM · Oct 24, 2025
Article updated.
Previous articles -
Prices that people pay for a variety of goods and services rose less than expected in September, according to a Bureau of Labor Statistics report Friday that is the only official economic data allowed to be released during the government shutdown.
The consumer price index showed a 0.3% increase on the month, putting the annual inflation rate at 3%. Economists surveyed by Dow Jones had been looking for respective readings of 0.4% and 3.1%. The annual rate reflected a 0.1 percentage point uptick from August.
Excluding food and energy, core CPI showed a 0.2% monthly gain and an annual rate also at 3%, compared to respective estimates of 0.3% and 3.1%, the latter being unchanged from a month ago. Core CPI on a monthly basis had posted 0.3% gains in both July and August. A 4.1% jump in gasoline prices was the largest contributor to a report that otherwise showed inflation pressures fairly muted.
Food prices showed a 0.2% increase. Commodity prices overall rose 0.5%. On an annual basis, energy was up 2.8% and food rose 3.1%. Shelter costs, which comprise about one-third of the weighting in the CPI, rose just 0.2% and were up 3.6% from a year ago. Services excluding shelter costs also were 0.2% higher. New vehicles saw a 0.8% increase, but used cars and truck prices fell 0.4%. The report provides a glimpse into the state of the U.S. economy at a time when all other data releases have been suspended.
Prices that people pay for a variety of goods and services rose less than expected in September, according to a Bureau of Labor Statistics report Friday that is the only official economic data allowed to be released during the government shutdown.
The consumer price index showed a 0.3% increase on the month, putting the annual inflation rate at 3%. Economists surveyed by Dow Jones had been looking for respective readings of 0.4% and 3.1%. The annual rate reflected a 0.1 percentage point uptick from August.
Excluding food and energy, core CPI showed a 0.2% monthly gain and an annual rate also at 3%, compared to respective estimates of 0.3% and 3.1%, the latter being unchanged from a month ago.
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Original article -
The annual inflation rate was expected to be 3.1% in September, according to the Dow Jones consensus estimate.
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= new reply since forum marked as read
Last edited Fri Oct 24, 2025, 10:34 AM - Edit history (2)
both annualized, calculated using actual index values
Standard template words coming later when I update its table
It's not comforting to me at all that the last 3 months have averaged 3.6% (annualized) for both the CPI and the core CPI. The 3 month average is my favorite gauge of RECENT inflation. The 1 month number can be dismissed as a "one off", while the 12 month average (year-over-year) has too much old data in it to be considered a good measure of RECENT inflation -- half the months are March 2025 or older, for example. Four of the months are Biden-era months.
Regular CPI
Core CPI -- Regular CPI less food and energy
From the OP, 12 month aka year-over-year
It is worse today than last fall when voters claim it was their biggest election issue. 
America is back baby. MAGA! 