Cost of living concerns rise
The gist
US consumer prices rose 0.6% in September, putting the 12-month rate at 3.7%.
The reading puts a Fed rate hike back on the table.
How it unfolded
- Oct 10, 2026US consumer sentiment deteriorated for a third straight month on cost-of-living concerns, while Japanese personal spending weakened and German factory orders slid.
- Oct 10, 2026Israel's economy is flourishing by many measures, but rising food costs and growing debt made the economy a concern for voters ahead of the October 27 Knesset elections.
- Oct 13, 2026Economists flagged elevated prices as a problem likely to endure in many places, with a cost-of-living protest held in Madrid, Spain.