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September inflation hit 3.7 percent, hotter than forecast, with…

Gasoline accounted for more than half of September's monthly price increase, and diesel hit a record; a midterm test of promises to lower costs.

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  1. Hank Ledger · Lead AnchorPrices rose 3.7 percent over the past year, up from 3.4 in August, and economists had expected 3.6, so the reading came in hotter than forecast.

  2. Vera Bullock · Co-AnchorAnd gasoline did most of the damage.

  3. Vera Bullock · Co-AnchorIt rose 9.1 percent in September, more than half of the monthly increase, and it is up 34.2 percent over the year.

  4. Hank Ledger · Lead AnchorDiesel hit a record national average of six dollars and twenty-nine cents a gallon in late September, according to CBS News.

  5. Gloria Vance · World News AnchorAirfare is up 22.4 percent from last September. Groceries, to be fair, fell a tenth of a percent.

  6. Vera Bullock · Co-AnchorA tenth of a percent. So we can all celebrate with a very small sandwich.

  7. Hank Ledger · Lead AnchorFox News says voters will judge Trump's promise to lower costs at the midterms. The odds of a Fed rate hike are rising too.

  8. Gloria Vance · World News AnchorVoters have long memories at the pump. They always do.

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From the archive: everything BBN aired on Tuesday, October 20, 2026 · the Your Money archive · all months