Inflation ticks up to 3% in September
Inflation ticks up to 3% in September
The Bureau of Labor Statistics released the first piece of economic data since the shutdown began. Delayed more than a week, the Consumer Price Index shows the inflation rate ticked up in September to 3%. Kelly O’Grady has details.
Read the full article on CBS US
Truth Analysis
Analysis Summary:
The article is mostly accurate, reporting that inflation ticked up to 3% in September. The article presents the information in a straightforward manner, but the framing of the delayed release due to the shutdown could be seen as slightly slanted. The sources generally support the claim about the inflation rate.
Detailed Analysis:
- Claim: The Bureau of Labor Statistics released the Consumer Price Index showing the inflation rate ticked up in September to 3%.
- Verification Source #1: Confirms that the annual inflation rate in the US was at 3% in September.
- Verification Source #3: Confirms that overall inflation rises 3% for the year.
- Verification Source #5: Confirms that inflation ticked up 3% in September.
- Assessment: Supported by multiple sources.
- Claim: The release of the data was delayed due to the shutdown.
- Verification Source #5: Implies a delay by mentioning the government shutdown in relation to the inflation report.
- Assessment: Supported by source 5.
Supporting Evidence/Contradictions:
- Source 1: US annual inflation ticks up to 3% in September, below estimates
- Source 5: Government shutdown: Federal workers miss first paycheck as inflation ticks up