US CPI Rises 0.3% in Sept, Gasoline Index Up, USD Drops


   
Barani Krishnan
DTN Refined Fuels Market Reporter

   SECAUCUS, NJ (DTN) -- The U.S. Consumer Price Index (CPI) increased 0.3% in 
September, after rising 0.4% in August, bringing the annual rate of inflation 
for the all-items index to 3%, according to data released this morning by the 
U.S. Bureau of Labor Statistics (BLS).

   While the annual inflation rate was higher than the 2.9% reported by BLS the 
prior month, it was lower than market expectations for a 3.1% year-on-year 
growth in CPI for September.

   BLS also reported that the energy index rose 1.5% in September, as the 
gasoline index grew 4.1% from the previous month.

   The food index was up 0.2% month-on-month as the indices for food at home 
and food away from home rose 0.3% and 0.1%, respectively.

   The all-items less food and energy index, the so-called core inflation, rose 
0.2% in September, versus the monthly rise of 0.3% recorded in August.

   Categories that increased in September included shelter, airline fares, 
recreation, household furnishings and operations, and apparel. Meanwhile, motor 
vehicle insurance, used cars and trucks, and communication were among the few 
major indexes that decreased in the reviewed month.

   In response to the data, the December NYMEX WTI futures contract rose $0.15 
to $61.90 bbl. The U.S. dollar index decreased by 0.059 points to 98.670 
against a basket of foreign currencies.   

    

    




(c) Copyright 2025 DTN, LLC. All rights reserved.