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US consumer prices rise 0.6% in September, inflation hits 3.7% driven by energy costs

Market News
14 Oct 2026
CNBC
View Source
Bearish
US consumer prices rise 0.6% in September, inflation hits 3.7% driven by energy costs

In September, US consumer prices increased by 0.6%, pushing the annual inflation rate to 3.7%, above the Federal Reserve's target. Core inflation, excluding food and energy, rose 0.3% monthly and 2.6% annually. The surge in energy prices, especially gasoline which jumped 9.1%, was the main driver due to ongoing US-Iran tensions. Food prices remained steady, while shelter and used vehicle costs also rose, indicating persistent inflation pressures.

US consumer prices rose at a 3.7% annual rate in September as gas costs surged. For readers following energy stocks, here is Pluang's market snapshot as of Oct 14, 2026 19:01 WIB: of 79 priced Energy-sector US stocks, 61 rose and 16 fell today. Notable movers include OVV at USD 67.43 (+1.16%), SU at USD 76.06 (+1.14%) with 100% buy order activity, and APA at USD 48.55 (+1.12%).

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