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US inflation is expected to have worsened in September as soaring fuel costs push up grocery prices ahead of midterms

US inflation is expected to have worsened in September as soaring fuel costs push up grocery prices ahead of midterms

The September inflation figures will be one of the final economic readings published by the government ahead of the midterms.

Goldman Sachs analysts identify higher gas prices as the main factor lifting the overall inflation rate.

Surging fuel costs are flowing through directly into food prices, adding to the financial strain on American households.

MoreThe IndependentMore expensive gas, semiconductors likely pushed up inflation last monthFinancial TimesUS grocery prices poised to climb as soaring fuel costs drive inflationAOL News UKInflation likely worsened in September, according to Goldman SachsReutersHigh gasoline prices expected to boost US consumer inflation in September
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