(The Hill) – Annual inflation rose to 3% in September as a jump in gasoline and energy prices pushed price growth to its highest level since January.

The consumer price index (CPI) rose 0.3% last month and 3% over the 12-month span ending in September, according to data released Friday by the Bureau of Labor Statistics. (BLS).

The September inflation report, which was delayed by the ongoing government shutdown, is the first federal economic data released since funding lapsed on Oct. 1.

Economists expected inflation to hit 3.1% in September after months of prices rising steadily, due in part to Trump's tariffs, with a monthly gain of 0.4%.

Annual inflation as measured by the CPI dropped from 3% in January to 2.4% in March, but spiked back up to 2.9% by August.

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