CPI..

 

Consumer prices in the US rose more than expected last month in a sign that the inflation fight in the world's largest economy is far from over.

Inflation, the rate at which prices rise, was 8.2% in the 12 months to September, down from 8.3% in August.

Despite the fall, the figure was still higher than forecast.

Inflation in the US is being closely watched as the US central bank's efforts to tame the problem push up the dollar and global borrowing costs.

On the other hand, the White House Administration just continue it's failed sanctions on Russia which is causing food shortage and tripled the cost of Natural Gas, leading many European countries into recession.