O CPI (Consumer Price Index) USA rose 0.3% in September, below economists’ expectations, according to data released by the BLS (Office of Labor Statistics) this Friday (24).
In 12 months, however, the indicator returned to the level of 3%, the highest level since January.
The September CPI was the main data on the American economy released amid the US government shutdown, which began in early October.
Analysts interviewed by CNN predicted an increase of 0.4% in the monthly margin, and 3.1% in the 12-month period.
In August, the CPI registered an increase of 0.4%, an increase of 2.9% in one year.
The data was published less than a week before the Fed (Federal Reserve) meeting to decide the next steps on interest rates.
Data from FedWatch, compiled by the CME Group, shows a 98.9% probability of a new rate cut of 0.25 points, reducing the margin from 4% to 4.25%.
In September, the Fomc (Federal Open Market Committee) had already cut interest rates by 0.25 points, the first reduction since December last year.
*With information from CNN International
