Market Updates
Consumer Prices Jump 8.2% In September
Brian Turner
13 Oct, 2022
New York City
Consumer prices rose at a faster pace in September, reflecting quickly entrenching inflation expectations deep in the services driven economy.
The Consumer Price Index increased 0.4% in September on a seasonally adjusted basis, after rising 0.1% in August, the Bureau of Labor Statistics reported today.
Prices rose 8.2% from a year ago on a seasonally unadjusted basis.
Large increases in housing, food and medical care indexes were partially offset by a 4.9% decline in gasoline index.
Core index, excluding food and energy, rose 0.6% in September, matching the monthly rise in the previous month.
The elevated inflation provides another signal for the Fed to continue its campaign of large-sized rate increase.
The Federal Reserve is expected to lift interest rates by 75 basis points at its next policy meeting ending on November 2.
There is no progress on inflation despite the Federal Reserve lifting rates five times in the last seven months.
Annual Returns
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|