US consumer price growth slowed in September

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Consumer prices in the US increased in September by 0.1%, registering a slowdown in growth compared with August, when the increase was 0.2%. The data from the Department of Labor showed the slowest price growth since June last month. In annual terms, inflation was 2.3%, slowing from 2.4% in the previous month. Analysts had expected the growth of the first indicator by 0.2%, the second one - by 2.4%. The Core CPI index, which does not take into account energy and food prices, rose 0.1% for the month and 2.2% for the year. In September, the maximum decline in prices for used cars in 15 years was noted by 3% compared to August, the reduction in price of new cars - by 0.1%, which was observed for the first time since September 2017.

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