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U.S. inflation rose to 3.7% in September, Labor Department reports

Gasoline accounted for over half the monthly increase, and Social Security benefits will rise 3.6% next year.

Updated Oct 15, 2026 · 00:13 UTC14 reports

The short version

  • Annual consumer price inflation reached 3.7% in September, up from 3.4% in August, per the Labor Department.[The Washington Sun]
  • Core prices, excluding food and energy, rose 2.6% annually, and overall prices rose 0.6% monthly.[The Washington Sun]
  • Gasoline prices jumped 9.1% in the month, and the Social Security Administration set a 3.6% benefit increase for next year.[CBS News · NPR]
  • Average wages rose only 3% over the year, so workers' buying power has eroded.[NPR]

Key facts

  • The consumer price index rose 3.7% year-over-year in September, up from 3.4% in August, according to the Labor Department.[The Washington Sun]
  • Monthly consumer prices rose 0.6% from August to September, up from 0.4% the previous month.[The Washington Sun]
  • Core prices, excluding food and energy, rose 2.6% year-over-year in September, up from 2.4% the previous month.[The Washington Sun]
  • Gasoline prices rose 9.1% in September from the prior month, accounting for more than half the monthly CPI increase.[CBS News]
  • The Social Security Administration announced a 3.6% benefit increase effective next year.[NPR]
  • Average wages in September rose 3% on an annual basis.[NPR]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.