Consumer Price Index has recent source-backed changes around Average diesel price likely to break all-time record in October, petroleum and Inflation climbs in September as energy prices soar, CPI report shows.
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Inflation rose in September to 3.7%, according to the latest Consumer Price Index, three weeks before the midterm elections. The increase is largely driven by energy costs. Patrick De Haan, head of petroleum analysis at GasBuddy, joins CBS News to discuss.
U.S. inflation rose higher than economists predicted amid high energy prices, the most recent Consumer Price Index report shows. Axios markets reporter Matt Phillips shares his thoughts.