Politics & Government · Business & Economy · North America

Trump insists inflation is low as CPI report shows a 3.7% increase

President Trump hunted for silver linings in the higher-than-expected September inflation numbers. The surge in prices was fueled by a 9% month-over-month jump in gas prices. Nancy Cordes reports.

14 October 2026Live

Sources

CBS News Politics. https://www.cbsnews.com/video/trump-insists-inflation-low-cpi-report-shows-37-increase/

President Trump hunted for silver linings in the higher-than-expected September inflation numbers. The surge in prices was fueled by a 9% month-over-month jump in gas prices. Nancy Cordes reports.

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