WASHINGTON (AP) — Another surge in consumer prices in September pushed inflation up 5.4% from where it was a year ago, matching the highest shift higher since 2008 as tangled global supply lines continue to create havoc. The Labor Department says consumer prices rose 0.4% in September from August as the costs of new cars, food, gas, and restaurant meals all jumped. The annual increase in the consumer price index matched readings in June and July as the highest in 13 years. Excluding the volatile food and energy categories, core inflation rose 0.2% in September and 4% compared with a year ago. Core prices hit a three-decade high of 4.5% in June.
Consumer prices continue to surge
