September consumer inflation rises to 3.7 percent annual rate, up from 3.4 percent in August
Photo: The HillHow the sides differ Right sources split on whether the reading beat expectations and stress the midterm timing; alternative sources report the figures plainly, adding the monthly rise.
Bureau of Labor Statistics data released Wednesday showed consumer price inflation at 3.7 percent year over year in September, up from 3.4 percent in August. The Hill reports a 0.6 percent monthly increase. Fox Business says the reading was faster than expected and moved further from the Fed's target. The Daily Wire says it was mostly in line with expectations, since analysts had predicted a 0.2-point rise against the actual 0.3-point rise. It also calls this the last inflation report before the midterms.
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The Hill gives a straightforward account of the data, noting the monthly and annual increases and the change from August.
Fox Business stresses a faster-than-expected rise away from the Fed's target; the Daily Wire calls it roughly in line with forecasts and highlights the midterm timing.