Inflation rose to its highest level since January with consumer prices increasing by 3% in September compared to one year prior, according to government data released and obtained by ABC News on Friday (October 24).

The new data was slightly higher than the 2.9% year-over-year increase reported in August. The rising prices in recent months have coincided with sweeping tariffs issued by President Donald Trump .

Beef prices increased by nearly 15% between September 2024 and September 2025, according to the newly released data, as Trump announced plans to import beef from Argentina in an effort to reduce U.S. prices, a move that has caused concern from some American farmers. Egg prices, which have long been a focal point of inflation concerns, dropped by nearly 5% in September an

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