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The annual inflation rate in the United States reached 3.7% in September, higher than the experts' forecast; The increase is mainly due to the jump in fuel prices. According to the US Department of Labor report published on Wednesday, October 14, the consumer price index in September rose by 0.6% compared to the previous month, while this figure stood at 0.4% in August. According to the Reuters news agency, the 9.1% increase in gasoline prices in September alone accounted for more than half of the monthly increase in inflation. Since the beginning of the American and Israeli attacks on Iran last March and the disruption of the passage of oil tankers in the Strait of Hormuz, the price of energy in the world markets has risen dramatically. The US Labor Department report also shows that inflationary pressure is spreading to sectors beyond energy. The new inflation statistics also strengthened the possibility of another interest rate hike by the US central bank, the Federal Reserve. In September, for the first time in the last three years, the Federal Reserve raised the base interest rate by a quarter of a percentage point, bringing it to a range between 3.75 and 4 percent.

Radio Farda · رادیو فردا · Source

The annual inflation rate in the United States reached 3.7% in September, higher than the experts' forecast; The increase is mainly due to the jump in fuel prices. According to the US Department of Labor report published on Wednesday, October 14, the consumer price index in September rose by 0.6% compared to the previous month, while this figure stood at 0.4% in August. According to the Reuters news agency, the 9.1% increase in gasoline prices in September alone accounted for more than half of the monthly increase in inflation. Since the beginning of the American and Israeli attacks on Iran last March and the disruption of the passage of oil tankers in the Strait of Hormuz, the price of energy in the world markets has risen dramatically. The US Labor Department report also shows that inflationary pressure is spreading to sectors beyond energy. The new inflation statistics also strengthened the possibility of another interest rate hike by the US central bank, the Federal Reserve. In September, for the first time in the last three years, the Federal Reserve raised the base interest rate by a quarter of a percentage point, bringing it to a range between 3.75 and 4 percent.

The annual inflation rate in the United States reached 3.7% in September, higher than the experts' forecast; The increase is mainly due to the jump in fuel prices. According to the US Department of Labor report published on Wednesday, October 14, the consumer price index in September rose by 0.6% compared to the previous month, while this figure stood at 0.4% in August. According to the Reuters news agency, the 9.1% increase in gasoline prices in September alone accounted for more than half of the monthly increase in inflation. Since the beginning of the American and Israeli attacks on Iran last March and the disruption of the passage of oil tankers in the Strait of Hormuz, the price of energy in the world markets has risen dramatically. The US Labor Department report also shows that inflationary pressure is spreading to sectors beyond energy. The new inflation statistics also strengthened the possibility of another interest rate hike by the US central bank, the Federal Reserve. In September, for the first time in the last three years, the Federal Reserve raised the base interest rate by a quarter of a percentage point, bringing it to a range between 3.75 and 4 percent.