U.S. consumer inflation climbs 0.6% in September - MarketWatch

U.S. consumer inflation climbs 0.6% in September - MarketWatch

U.S. consumer prices jumped 0.6% in September, the Labor Department said Tuesday, mostly because of higher gas costs. So-called core prices, seen as a better gauge of inflationary trends, rose a seasonally adjusted 0.1% for the third straight month. The core figure strips out volatile food and energy costs. Economists surveyed by MarketWatch had forecast a 0.5% increase in the main CPI and a 0.2% advance in the core rate. Consumer prices have risen an unadjusted 2.0% over the past 12 months, up from 1.7% in August. The core rate has also risen 2.0% in that span, up from 1.9% in the prior month. Inflation-adjusted hourly wages, meanwhile, fell by 0.3% in September. Real wages have fallen 0.2% over the past 12 months, as inflation has climbed slightly faster than the increase in pay. 

From the BLS:

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in September on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.0 percent before seasonal adjustment. For the second month in a row, the substantial increase in the all items index was mostly the result of an increase in the gasoline index, which rose 7.0 percent in September after increasing 9.0 percent in August.
...
The index for all items less food and energy rose 0.1 percent for the third month in a row.

 Whereinthehell do these people shop? Mixed? Aug-Sept saw the stuff I buy shooting up. And it isn't just list prices. Stores are cutting back on sales and dropping double coupons, etc. The BLS is living up to is name BS!...