US inflation jumps more than expected to 3.7% in September

U.S. consumer inflation jumped more than expected in September, government data showed Wednesday, as the U.S. war with Iran continued to push energy costs higher, deepening strains on American households ahead of next month's midterm elections.

The consumer price index (CPI) was slightly hotter than analysts expected, rising to 3.7% on a year-over-year basis, said the Department of Labor.

This was an acceleration from 3.4% in August.

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