The Aporia
Herzlich, T. (2026, October 14). Inflation heats up to 3.7% in September — more than expected amid soaring energy costs. New York Post. https://nypost.com/2026/10/14/business/inflation-heats-up-to-3-7-in-september-more-than-expected-amid-soaring-energy-costs/
Herzlich, Taylor. “Inflation heats up to 3.7% in September — more than expected amid soaring energy costs.” New York Post, 14 Oct. 2026, https://nypost.com/2026/10/14/business/inflation-heats-up-to-3-7-in-september-more-than-expected-amid-soaring-energy-costs/.
Herzlich, Taylor. “Inflation heats up to 3.7% in September — more than expected amid soaring energy costs.” New York Post, October 14, 2026. https://nypost.com/2026/10/14/business/inflation-heats-up-to-3-7-in-september-more-than-expected-amid-soaring-energy-costs/.
Dated from the outlet's own feed. Check the original for its byline.
In September 2026, U.S. inflation rose to 3.7% annually, higher than the expected 3.6%, driven largely by escalating energy costs due to the conflict with Iran. Gasoline prices increased by 9.1% in September alone, accounting for over half of the monthly increase in consumer prices. This data release came just weeks before the November midterm elections, where affordability issues are a top concern for voters. The rise in inflation adds political pressure on Republicans defending majorities in Congress and presents challenges for President Trump's approval ratings amid voter frustration over rising living costs. Despite these concerns, core inflation, which excludes volatile food and energy items, is projected to show only modest gains, potentially easing immediate pressure on the Federal Reserve to raise interest rates further.
Inflation heated up in September at a faster pace than expected as rising energy costs kept pressure on prices, bolstering the Federal Reserve’s case for another interest-rate hike this year.