Inflation increased to 3.7% in last consumer price index report before midterms

The Bureau of Labor Statistics reported that inflation rose three-tenths of a percentage point to 3.7% for the year ending in September. This increase in the consumer price index was higher than expected. These rising price pressures occur just before the midterm elections, impacting voters' views of President Donald Trump and the GOP. The latest report indicates that inflation increased sharply in September, signaling a trend of growing economic pressure as the election period approaches.