Dec. 5 (UPI) -- A U.S. Department of Commerce report Friday indicated inflation in September was lower than anticipated.
The delayed report by the department's Bureau of Economic Analysis due to the government shutdown showed the personal consumption expenditures price index rose 0.2% for that month with a 2.8% annual rate, which is a key measure of inflation.
In addition, tariffs imposed by U.S. President Donald Trump saw priced goods spike 0.5% with services up 0.2% in cost, food prices up 0.4% and energy up 1.7%.
It was consistent with Wall Street projections but 0.1% lower and puts the annual inflation rate at 2.8%.
According to the report, personal income went up 0.4% with spending up a slight 0.3%.
