Inflation in the USA in September exceeded the figures for August 2021
The US consumer price index (CPI) in September 2021 set a new record at 5.4%, exceeding the August figures of 5.3%. Analysts expected the trend to continue in September, i.e. maximum growth of 0.3% to 5.3%. However, instead of that, inflation rose by 0.4% over the month.
The second indicator, the basic CPI, which does not take into account changes in food and energy prices for the population, rose by 0.2% in September and reached 4% in annual terms, which is in line with analysts' forecasts.
Against the background of this news, futures for the S&P 500 index fell, while the dollar, on the contrary, strengthened.