CPI September: Inflation hit 3%

The Bureau of Labor Statistics is slated to release September's Consumer Price Index report of inflation, which was delayed by the government shutdown.

The sting of rising prices continues to linger.

Consumer price growth hit 3% in September on an annual basis, the Bureau of Labor Statistics reported Friday, slightly higher than the 2.9% rate seen in August.

On a monthly basis, the rate fell from 0.3% to 0.2%, though many major categories saw increases, including housing, airline fares, recreation, household furnishings and apparel.

The BLS report comes despite the government shutdown that has paralyzed most federal reporting and has no end in sight. It marks the first time a major economic report has been issued by the government since the shutdown began Oct. 1.

September CPI data was originally scheduled to be released Oct. 15. The government ultimately decided to issue the report since the numbers are needed to determine the cost-of-living adjustment for Social Security recipients next year.