US prices rose at a 3% annual rate in September, slightly beating forecasts

Increase was largely driven by a 4.1% increase in gasoline prices despite Trump's campaign pledge to end inflation'

Prices continued to rise in September, increasing at an annual rate of 3%, according to the latest government inflation report.

The September 2025 consumer price index (CPI) was published approximately two weeks later than usual due to the federal government shutdown, which haltedall Bureau of Labor Statistics operations.