You don’t have to look much further than your local gas station. Gasoline was behind more than half of the increase in inflation in September. . Fallon/ To understand why inflation is running hot, take a look at your local gas station — and a couple other places.
Gasoline prices rose an eye-popping 9.1% in September from the prior month, according to the consumer-price index report released Wednesday. That was much faster than the 3.9% increase clocked in August, and it contributed to a whopping 34% increase over the past year. Copyright ©2026 MarketWatch, Inc.
All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 I trusted my adviser, giving him $375K to invest. But he lost $80K and charged me 1.5% to do it. Rising bond yields and higher inflation leave the Fed trapped in a rate-hike dilemma Your Social Security check will rise an average of $75 a month — will it be able to keep up with inflation?
Robert Schroeder is the Washington bureau chief for MarketWatch. Follow him on X @mktwrobs. Intraday Data provided by FACTSET and subject to terms of use.
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