Annual inflation in the U.S. accelerated to 1.4% in September from 1.3% in August, data from the Bureau of Labor Statistics showed.
The latest print was in line with the consensus estimate of economists polled by Econoday.
Food prices rose 3.9% year over year, while energy prices slid 7.7%. Fuel oil and gasoline prices plunged 27.2% and 15.4%, respectively.
Annual core inflation, which excludes food and energy, came in at 1.7%, the same as in August. Prices of medical care services rose 4.9%, while prices of apparel and transportation services declined 6.0% and 5.1%, respectively.
On a monthly basis, consumer prices rose 0.2%, following a 0.4% increase in August. Energy prices advanced 0.8% while the food index was flat.
The core inflation index increased 0.2% month over month, following a 0.4% increase in the prior month. The prices of used cars and trucks climbed 6.7%, the biggest monthly increase since February 1969.