Inflation Slows in September

The overall and core CPI both rose just 0.1 percent in September. Over the last last year, the increases in the two indexes have been 2.3 and 2.2 percent, respectively.The core index excluding shelter has risen just 1.4 percent over the last year.

Rather than accelerating, it appears that inflation is actually slowing slightly. The annualized rate of inflation in the core index comparing the last three months (July, August, September) with the prior three (April, May, June) is just 2.0 percen...