U.S. September CPI Broadly Exceeds Expectations, Annual Rate Rises to 3.7%, Highest Since May

U.S. September headline CPI rose 3.7% year over year, the highest since May, exceeding market expectations of 3.6%. Month over month, unadjusted CPI increased 0.6%, the highest since April. Core CPI rose 2.6% year over year, the highest since June, above expectations of 2.5%. Seasonally adjusted core CPI increased 0.3% month over month, above expectations of 0.2%. — link