CPI for apparel for US urban consumers drops 0.8% MoM in Sept 2023

Over the last 12 months, the all items index increased 3.7 per cent before seasonal adjustment, the same increase as the 12 months ending in August.

An increase in the gasoline index was a major contributor to the all items monthly rise. While the major energy component indexes were mixed in September, the energy index rose by 1.5 per cent over the month after increasing by 5.6 per cent in August.

The energy index decreased by 0.5 per cent for the 12 months ending September.

ALCHEMPro News Desk (DS)