US Bureau of Labor Statistics to Release September CPI Despite Shutdown

The US Bureau of Labor Statistics confirms it will release the September CPI data despite the government shutdown, but the timing has been delayed beyond the original October 15 schedule.

Summary

Despite the ongoing federal shutdown, the US Bureau of Labor Statistics (BLS) will release the September Consumer Price Index (CPI) data, though the release date is now uncertain and will not meet the original October 15 schedule. Some BLS employees have been recalled to complete the report, which is crucial for determining annual Social Security cost-of-living adjustments. The CPI data is now expected to be released by the end of the month.

Terms & Concepts
  • Consumer Price Index (CPI): A measure that examines the weighted average prices of a basket of consumer goods and services, used to assess inflation.
  • Government Shutdown: A situation where non-essential federal government services close due to funding gaps, potentially delaying economic data releases.