U.S. Annual Inflation Rises to 3.7 Percent as Gasoline Prices Surge

Dragon Media News Desk

U.S. consumer prices rose 0.6 percent in September from the previous month. Annual inflation increased to 3.7 percent from 3.4 percent in August, the Bureau of Labor Statistics reported.

Gasoline prices rose 9.1 percent in September, accounting for more than half of the monthly increase in overall prices, the bureau said. Food prices were unchanged during the month.