The general index rose 3.0% year-on-year (12 months) compared to September of the previous year, against 2.9% in August.
On a monthly basis (seasonally adjusted), the CPI increased 0.3% in September.
Core inflation (excluding food and energy) also stood at 3.0% year-on-year
🧠 What implications does this have?
That the year-on-year inflation is at 3.0% and is showing a rebound suggests that inflationary pressure remains present, which could complicate expectations for rate cuts by the Federal Reserve.
For risk markets (like crypto), this data can act as a brake or limitation: when the market fears that the Fed will keep rates high for a longer time, the appetite for risky assets decreases.
However, by not exceeding huge expectations (for example, if it had reported 3.5% or more), the data does not seem explosively negative either. It can be interpreted as 'persistent inflation but not uncontrolled.'
