Economics
U.S. Inflation Gauge Increases at Slowest Pace in Four Months
- Core CPI increases 0.2%, restrained by airfares, apparel
- Used-car prices rise by most since 1969, while rents subdued
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A key measure of U.S. consumer prices rose in September at the slowest pace in four months, signaling little threat of accelerating inflation as the economy recovers.
The consumer price index rose 0.2% from the prior month after a 0.4% gain in August. Compared with a year earlier, the gauge increased 1.4%, after August’s 1.3% rise.