Inflation Likely Stayed High in September

U.S. inflation possible remained excessive in September, as pandemic-related shortages of labor and supplies continued to push up costs.

Economists surveyed by The Wall Street Journal estimate the Labor Department will report the consumer-price index—which measures what shoppers pay for items and providers—rose a seasonally adjusted 0.3% in September from August. That is identical tempo as in August and down markedly from June’s 0.9% tempo, however wouldn’t be sufficient to gradual inflation final month in contrast with a 12 months in the past, economists say.

Read Original Content Here

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top