By Manhattan Real Estate Tracker, October 24, 2025
Consumer Price Index (CPI) Rises Less than Expected
From the U.S. Bureau of Labor Statistics:
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent on a seasonally adjusted basis in September, after rising 0.4 percent in August, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.0 percent before seasonal adjustment. Note that September CPI data collection was completed before the lapse in appropriations.
The index for gasoline rose 4.1 percent in September and was the largest factor in the all items monthly increase, as the index for energy rose 1.5 percent over the month. The food index increased 0.2 percent over the month as the food at home index rose 0.3 percent and the food away from home index increased 0.1 percent.
Core prices, excluding the volatile food and energy categories, rose 3%, below forecasts for a 3.1% increase. The inflation rate for core prices was 2.9% in August 2025. Analysts say that this may result in another interest cut later this year from the Feds.