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September 2016 CPI: Year-over-Year Inflation Rate Now 1.5%

Tuesday, October 18, 2016 6:14
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(Before It's News)

by Doug Short / Jill Mislinski and Steven Hansen

According to the BLS, the Consumer Price Index (CPI-U) year-over-year inflation rate was 1.5 % – significantly higher than last month’s 1.1 %. The year-over-year core inflation (excludes energy and food) rate declined 0.1 % to 2.2 %, and remains slightly above the target set by the Federal Reserve.

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