NBC News
By Ben Popken
The latest inflation reading shows that prices rose by 5.4 percent on an annualized basis in September as supply chain bottlenecks, worker shortages and high demand kept prices rising, according to data released Wednesday by the Bureau of Labor Statistics.
The inflation rate rose a seasonally adjusted 0.4 percent in September from August, according to the latest consumer price index. That is well below the 0.9 percent seen in June but not enough to point to slowing inflation.