US inflation rose to 3.7% in September in blow to Republicans before midterms
News Source
β’Wed, 14 Oct 2026 14:29:42 GMT
π° What Happened
US inflation rose to 3.7% in September, up from 3.4% in August. It was the last inflation report before the midterm elections. Prices went up 0.6% in a single month.
Petrol was the biggest cause, up 34% from a year ago. Heating oil jumped 74%, which worries households before winter. Air fares also climbed 22.4%. Core inflation, which ignores fuel and food, was 2.6%.
π The Backstory
Inflation has been a top concern for American voters. The war between the US, Israel and Iran has pushed energy prices up. Higher fuel prices then lift the cost of almost everything else.
Brown University says higher energy prices cost each US household more than $1,020, adding up to $133bn nationwide. A Reuters/Ipsos survey found 78% of Americans blame the government for the squeeze.
π― Why It Matters
Rising prices mean families can afford less each week. Inflation also affects interest rates, which change the cost of loans and mortgages.
US inflation rose to 3.7% in September, up from 3.4% in August. It was the last inflation report before the midterm elections. Prices went up 0.6% in a single month.
Petrol was the biggest cause, up 34% from a year ago. Heating oil jumped 74%, which worries households before winter. Air fares also climbed 22.4%. Core inflation, which ignores fuel and food, was 2.6%.
Inflation has been a top concern for American voters. The war between the US, Israel and Iran has pushed energy prices up. Higher fuel prices then lift the cost of almost everything else.
Brown University says higher energy prices cost each US household more than $1,020, adding up to $133bn nationwide. A Reuters/Ipsos survey found 78% of Americans blame the government for the squeeze.
Rising prices mean families can afford less each week. Inflation also affects interest rates, which change the cost of loans and mortgages.