Oct 12 2023
JEC Chairman Heinrich on September CPI Data
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics (BLS) reported that prices measured by the Consumer Price Index increased 0.4% in September compared with the 0.6% increase in August and the 0.2% increase in June and July. Data also show that annual prices grew only 3.7%, down sharply from the peak rate of 9.1% last June.