After yesterday's report showing producer prices increased by a little more than expected, the Labor Department released a separate report on Thursday showing consumer price growth in the U.S. also slightly exceeded estimates in the month of September.
The Labor Department said its consumer price index climbed by 0.4 percent in September after increasing by 0.6 percent in August. Economists had expected consumer prices to rise by 0.3 percent.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.