Trump Dealt Crushing Blow by Brutal Affordability Report
Evan Vucci/Reuters Inflation surged hotter than expected in September, the latest data shows, delivering Donald Trump an ugly blow heading into the midterms.
Consumer prices rose 3.7 percent last month from a year ago, up from 3.4 percent in August and above the 3.6 percent year-over-year many economists expected.
Prices increased 0.6 percent in September, an acceleration from the 0.4 percent increase in August.
The Consumer Price Index released on Wednesday was the final one before Election Day in less than three weeks.
It comes as the president has been crisscrossing the country, insisting affordability is a hoax cooked up by Democrats, as voters signal that rising prices and their struggles to make ends meet are the top issue in the election.
This story is developing and will be updated.
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