Politics · United States · 1 hr ago

US inflation rises as midterm elections approach

US inflation rises as midterm elections approach

US inflation rose faster in September, just weeks before voters choose members of Congress in the 3 November midterm elections.

Prices increased 0.6% during the month, up from 0.4% in August, and were 3.7% higher than a year earlier.

Energy costs drove more than half the monthly increase, as the war involving Iran pushed oil prices higher and raised the cost of fuel.

But inflation also spread beyond energy, with prices for computers, software, toys and other goods rising.

Higher transport and agricultural costs could also push grocery prices up, though food prices rose only 1.8% in September.

Affordability is a major concern for voters, making the latest price increases a challenge for Donald Trump and the Republicans.

The International Energy Agency says the world could remain short of diesel until the middle of next year, while voters go to the polls on 3 November.

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