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9.0

US CPI accelerates to 3.7% YoY, gasoline up 34% on Middle East war

US CPI rose 0.6% m/m in September, the largest monthly gain in five months, pushing the annual rate to 3.7%. Fuel prices, driven by the Middle East conflict, are the main pressure point, with gasoline up 34% year-over-year. The print strengthens market bets on a Fed rate hike and complicates the Republican campaign ahead of November midterms.

Valor Econômicoabout 11 hours agoUSCredibility 40%View source

Score Breakdown

Mosaic Score9.0
Model confidence0.9
Significance0.8
Source credibility0.4

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