The core rate of inflation in the past 12 months climbed to 5.1% from 4.9%. That leaves it just a few ticks below a 40-year high of 5.4% in February.
The overall rate of inflation in the past year was unchanged at 6.2% compared to the prior month.
A key gauge of U.S. inflation rose a mild 0.3% in September, aided by the lower cost of gas. Yet prices are still going up even if they aren't climbing as fast as they were earlier in the year.
Another measure of inflation that omits volatile food and energy costs rose a sharp 0.5% last month. Wall Street had forecast a 0.5% increase in the so-called core personal consumption expenditures price index.
Source: MarketWatch
Comment(7)
Is it good or bad?
So what it means? Expected so its good?
@Alvin Chow 邹咏翰@SpyderCall
Didn't beat the expectations but still high lol
Not good for the Fed tho, too high
it depends on for what
Just straight to the point. is very BAD especially at time like this. we're trader not politicians
go on point 
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