U.S. consumer prices rose slightly in September because of higher costs for medical care, shelter and all forms of fuel, but there was barely a whiff of inflationary pressure in the broader economy.
Separately, the Labor Department said the CPI gauge on which the annual cost-of-living adjustment to Social Security is based rose 1.5%. The Social Security Administration confirmed on Wednesday that the increase for 2014 will be 1.5%, down from 1.7% for 2013.
In September, the consumer price index climbed a seasonally adjusted 0.2%, the Labor Department said Wednesday. That matched the forecast of economists polled by MarketWatch.