CPI, Federal Reserve
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1don MSN
CPI report shows inflation continued to climb in September, although at a cooler pace than forecast
Inflation last month rose at an annual rate of 3%, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted.
A big unknown ahead of the September CPI is how much the government shutdown, which started Oct. 1, impacts the data. Ten days later, statisticians at the Bureau of Labor Statistics were called back to work to complete the report.
The September CPI inflation report is likely to show that the cost of food, electricity and housing all continued to increase for Americans.
Economists think inflation around the U.S. continued to climb in September, edging farther away from the Fed's 2% annual target.
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The U.S. Bureau of Labor Statistics has released the September 2025 CPI data today despite the ongoing government shutdown.
The White House said on Friday it had learned there likely will not be a release of inflation data next month due to the U.S. government shutdown, which could leave a gap in a data series stretching back more than a century.
The report was originally scheduled to be released on October 15, but was pushed to Friday due to the ongoing government shutdown.
The extended government shutdown has put collecting most October inflation data out of reach for the Bureau of Labor Statistics, according to people familiar with the agency’s operations.