The Weekly Bottom Line: Inflation Pressures Remain Elevated - NewsBreak
By Shannon in Business
Updated 3 years ago
The consumer price index rose 0.4% in September, sending year-on-year inflation to 5.4%. Core prices (excluding food and energy) rose 0.2% on the month and held steady at 4.0% y/y. A 0.4% increase in the heavily-weighted shelter component provided considerable lift to the core measure. Retail sales defied expectations for...
