Inflation and Prices
After a modest August increase, the Consumer Price Index (CPI) rose sharply in September (4.8% annual rate). A marked acceleration in energy price inflation was partly responsible for the dramatic rise. The CPI’s energy index, having declined in each of the previous three months, rose 36.2% (annual rate) in September.
Suggested citation: "Inflation and Prices," Federal Reserve Bank of Cleveland, Economic Trends, no. 01-11, pp. 02-03, 11.01.2001.