US CPI rose 0.2% mom in September, above expectation of 0.1% mom. CPI core (less food and energy) rose 0.3% mom, above expectation of 0.2% mom, and Shelter costs rose 0.2% mom. Food prices rose 0.4% mom. Together, these two indexes contributed over 75 percent of the monthly all items increase. Energy index fell -1.9% mom.
Over the 12-month period, CPI ticked down from 2.5% yoy to 2.4% yoy, above expectation of 2.3% yoy. That’s still the lowest level since February 2021. CPI core ticked up from 3.2% yoy to 3.3% yoy, above expectation of 3.2% yoy. Energy index fell -6.8% yoy while food index rose 2.3% yoy.
 rose 0.3% mom, above expectation of 0.2% mom, and Shelter costs rose 0.2% mom. Food prices rose 0.4% mom. Together, these two indexes contributed over 75 percent of the monthly all items increase. Energy index fell -1.9% mom.){kind=link}