Consumer prices rose 0.6% in September, putting annual inflation rate at 3.7%

The consumer price index showed annual inflation of 3.7% in September after rising 0.6% for the month, the Bureau of Labor Statistics reported Wednesday. The Core CPI, which strips out food and energy, posted an annual reading of 2.6% after climbing 0.3%. Energy prices were a major factor again as gasoline rose 9.1% and accounted for half the increase in the index. However, price pressures were broad-based, with gains in shelter, vehicle costs and apparel. Consumer prices rose at 3.7% annual rate in September as gas costs skyrocket

September brought little relief to the

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