US inflation heats up in September; consumer spending rises Reuters
US inflation heats up in September; consumer spending rises - Reuters
In short
Reporting from Reuters confirms that domestic price measures moved higher in September. Concurrently, consumers maintained their purchases in the market during the same timeframe. These twin metrics provide updated insight into ongoing economic trends and household financial activity.
Key points
- Accelerating price pressures continued to affect the national economy through late third…: Accelerating price pressures continued to affect the national economy through late third quarter.
- Household spending remained active despite the upward movement observed in consumer price…: Household spending remained active despite the upward movement observed in consumer prices.
- Ongoing monitoring of domestic purchasing and inflation trends continues to yield critica…: Ongoing monitoring of domestic purchasing and inflation trends continues to yield critical economic data.