💼 Business 1h ago · Associated Press

Inflation heats up again, data shows, days before midterm elections where cost of living dominates

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Inflation heats up again, data shows, days before midterm elections where cost of living dominates
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By CHRISTOPHER RUGABER, AP Economics Writer
WASHINGTON (AP) — An inflation gauge closely monitored by the Federal Reserve accelerated last month, showing that prices remain elevated less than a week before midterm elections in which affordability concerns have become a central issue.
Consumer prices rose 3.6% in September from a year earlier, the Commerce Department said Thursday, up from 3.4% in August. On a monthly basis, prices climbed 0.5%, up from 0.3% in August and the highest figure since

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