US annual inflation reaches 3.7% in September
BBC and NPR report the same annual price increase, while NPR says Social Security benefits will rise next year.
US consumer prices rose 3.7% in the year to September, according to BBC and NPR reporting. The BBC says the increase exceeded expectations and was driven by higher motor fuel costs; France 24 also links US inflation to energy prices. NPR reports that the Social Security Administration announced an increase in benefits next year.
What holds up
- ✓BBC and NPR independently report the same 3.7% annual inflation figure for September.
- ✓BBC and France 24 both identify fuel or energy costs as contributing to inflation.
What doesn't yet
- ?The supplied items do not include the underlying statistical release or a breakdown of price changes.
- ?The size of the Social Security increase and the forecasts that inflation exceeded are not supplied.
Ask before you share
- →How much of the increase came from fuel rather than other spending categories?
- →What does the underlying release show about monthly inflation and the breadth of price increases?