WashingtonUS prices rose 0.6% in September, 3.7% over the year.
Gasoline jumped 9.1% in the month and accounted for more than half the increase.
Core inflation, which strips out food and energy, rose to 2.6% from 2.4%, so the pressure is spreading.
The Federal Reserve decides on rates 28 October, and market pricing points to a pause then a December hike.
How each outlet framed it
drawn from 100+ reports worldwide
- Aol
- notes state fuel-tax suspensions in Ohio, North Carolina and Georgia won't affect September's report and don't substantially cut bills
- Investing.com
- compares CPI against the 3.6% forecast and tallies that gasoline's 34.2% annual rise drove the headline
- BBC
- explains CPI and the basket of goods for readers, framing the report as the last before the midterms
- Bloomberg Business
- CoinDesk
- reads the data as reviving Fed rate-hike bets, citing a December hike expected after a likely October pause
Sources: Aol, Bloomberg Business, CoinDesk, Bloomberg Business, Investing.com, BBC