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September CPI faces upward pressure and rising energy costs

CNBC +3 ·

CME CME Group Inc
$285.59 +2.72%
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  1. 1The September Consumer Price Index is expected to rise by 0.6%.
  2. 2The year-on-year CPI growth is projected to reach 3.6%, indicating an acceleration in inflation.
  3. 3Brent crude prices rose by more than 14% in September.

So what's the key point?

September prices are expected to rise more than experts anticipated. As oil prices jump significantly, the pace of inflation is also set to speed up.

Source CNBC +3 · View original ↗

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