US inflation bounces again as supply chain snarls and pandemic disrupt markets
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US inflation bounces again as supply chain snarls and pandemic disrupt markets

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Inflation in the US surged again in September, sending consumer prices up 5.4% from a year ago, as snarled global supply chains and the pandemic continued to disrupt the marketplace. The results cut short any hope that a dip in the rate of increase in August was the start of an easing trend.

Consumer prices rose 0.4% in September from August, the Labor Department said, with increases in the cost of food and shelter driving more than half of the increase.

Food

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