U.S. Inflation Heats Up Again as Energy Prices Soar
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U.S. consumer prices rose faster in September, driven by higher energy costs, according to new data.
The Consumer Price Index (CPI) measures how much prices change over time for everyday goods and services. In September, that measure increased at a quicker pace than the month before.
Energy prices were the main reason. When energy costs rise, they push up the overall inflation number.
The report signals that inflation remains a concern for the U.S. economy.