CENTRAL INDIANA BUSINESS

U.S. CPI up 3.7% year-over-year in Sept. 2026; Trump calls inflation 'low'

The Bureau of Labor Statistics reported the Consumer Price Index for All Urban Consumers (CPI‑U) rose 3.7% for the 12 months ending September 2026 (Sep. 2025–Sep. 2026). A CBS News MoneyWatch video shows former President Donald Trump saying inflation is low despite the BLS report.

News BriefBy BusinessIndy News DeskCommentsPublished October 14, 2026 at 8:03 PM EDTLiving story · 2 sources

AI-generated illustration of the topic: U.S. CPI up 3.7% year-over-year in Sept. 2026; Trump calls inflation 'low' — AI illustration · Not a photograph of the reported event.

The U.S. Bureau of Labor Statistics published its September 2026 CPI news release on 2026-10-14, showing the CPI‑U "All items" 12‑month percent change was 3.7% for the period Sep. 2025–Sep. 2026 (BLS, 2026-10-14: https://www.bls.gov/news.release/archives/cpi_10142026.htm).

CBS News MoneyWatch posted a video on 2026-10-14 in which Donald Trump insisted inflation is low despite that CPI result (CBS News MoneyWatch video: https://www.cbsnews.com/video/trump-insists-inflation-low-cpi-report-shows-37-increase/).

WHY IT MATTERS

The Consumer Price Index (CPI) is a commonly used measure of change in the prices that urban consumers pay for a broad set of goods and services. The "12‑month percent change" reported by the BLS compares prices in September 2026 with prices in September 2025; the agency reported that change as 3.7%.

That single figure is widely watched because it summarizes recent consumer price movements and is one of the statistics households, employers and policymakers check when assessing cost‑of‑living pressures. For an individual family, a higher CPI number means, in broad terms, that the basket of goods and services measured by the index cost more than a year earlier; for businesses and governments it can affect budgeting, wage talks and cost adjustments tied to inflation measures.

What to watch next: future monthly BLS CPI releases for trend confirmation and any official commentary from federal agencies or market analysts interpreting the September reading. Sources: BLS CPI news release (2026-10-14) and CBS News MoneyWatch video (2026-10-14).

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