Inflation jumps to 3.7% as gas and diesel prices squeeze consumers ahead of the midterms

Prices rose across broad swaths of the U.S. economy in September, as high energy costs triggered by the Iran war pushed up prices in many major consumer categories.
The Bureau of Labor Statistics said Wednesday that overall prices rose 3.7% from a year ago, and 0.6% from August. Categories including housing, clothing and restaurant and take out food all saw price increases. Only three major categories saw price declines: groceries, medical care commodities and utility gas service.
“The index for gasoline rose 9.1 percent in September, accounting for over half of the monthly all items increase,” the BLS said in its report.
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