Daily Roundup of Key US Economic Data for Oct. 14

02:56 PM EDT, 10/14/2026 (MT Newswires) -- The consumer price index rose by 0.6% in September, as expected and was up 0.3% excluding food and energy prices, ahead of a 0.2% increase expected. The gain lifted the year-over-year increase to 3.7% from 3.4% in August, while the core measure was up 2.6% year-over-year after a 2.4% rate in the previous month. Food prices were flat, while energy prices surged by 5.2%. Gasoline prices alone were up 9.1%. Owners' equivalent rents rose by 0.3% and regular rents were up 0.2%, accounting for about one-third of the overall gain. In addition, prices of new vehicles rose by 0.2% after a 0.3% gain in the previous month and used vehicle prices increased by 0.7% after a 0.4% gain. The annual cost of living increase for Social Security, which is based on the year-over-year gain in one measure of Q3 CPI, will be 3.6%, the highest since 2022. The Mortgage Bankers Association reported a 2.7% drop in mortgage applications in the week ended Oct. 9 after a 4.2% decrease in the previous week. Refinancing activity and new home applications fell due to a further increase in mortgage rates.