September CPI Points to a Potential Wage-Price Spiral
4 min readOct 13, 2021
It should be apparent now that today’s inflation is not transitory.
The Bureau of Labor Statistics just released the Consumer Price Index (CPI) for the month of September. Even though it appears that the economy slowed down in September, the CPI was higher in September than it was in August. Prices in September of this year were 5.4% higher than one year ago.