Consumer prices in the U.S. showed a modest increase in the month of September, according to a report released by the Labor Department on Tuesday, with the uptick in prices matching economist estimates.
The Labor Department said its consumer price index rose by 0.2 percent in September after climbing by 0.4 percent in August.
Prices for used cars and trucks spiked by 6.7 percent, accounting for most of the monthly increase by the headline index.
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Forex News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.