***ALL AUDIO IS FOUND IN “FUTURE EDITED SOUND” FOLDER IN L DRIVE***

The Bureau of Labor Statistics says overall prices rose by three-tenths of a percent from August to September; when highly variable items like food and energy are excluded, prices rose by two-tenths of a percent. Stephen Kates, a financial analyst at Bankrate, says both of those figures came in lower than expected.

Stephen Kates 1.wav (08)  “…August to September.”

While inflation has slowed down last month, it is still up year-over-year. B-L-S says prices are three-percent higher than last year. Kates says that’s higher than normal.

Stephen Kates 2.wav (09) “…higher than that.”

Kates says the way this year started, the three-percent year-over-year inflation is much better than what analysts had been bracing for.

Stephen Kates 3.wav (13) “…down from there.”

Kates says due to the federal government shutdown, no data is being collected for October, so the earliest we will get the next C-P-I report will be December.