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Explained: Inflation accelerated last month, highlighting affordability issues before election

Compiled Oct 29

Strong growth and inflation paints mixed picture of economy days before midterm elections
Strong growth and inflation paints mixed picture of economy days before midterm elections · Photo: The Associated Press

Consumer prices rose 3.6% in September compared with a year earlier, up from 3.4% in August

Core inflation
Inflation measure that excludes volatile energy and food categories
Commerce Department
U.S. federal agency that released the inflation data cited in the report
Federal Reserve
U.S. central bank that closely monitors this inflation gauge

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Explained: Inflation accelerated last month, highlighting affordability issues before election — Apprise News