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US inflation rose to 3.7% in September in blow to Republicans before midterms

October 14, 2026 Guardian Business 1 min read
Guardian Business · Leans Left
US inflation rose to 3.7% in September in blow to Republicans before midterms

Final inflation report before voters go to polls comes amid widespread anger over cost of living under Trump

Republicans are entering the midterm elections with the highest rate of inflation since the spring, according to a government report released on Wednesday.

US price increases reached an annual rate of 3.7% in September, according to the latest data from the Bureau of Labor Statistics, up from 3.4% in August. This final inflation report before the pivotal midterm elections comes amid polls showing widespread dissatisfaction with the Trump administration over the cost of living.

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Source: Guardian Business

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