Inflation, measured by the Consumer Price Index (CPI), rose slightly hotter than expected in the month of September. Prices increased by 0.2% month-over-month (0.1% was expected) and 2.4% annually (2.3% was expected).

Yahoo Finance anchor Madison Mills joins Brad Smith on Wealth to highlight the biggest takeaways from this month's inflation report. She showcases the categories where prices took the biggest swings higher and lower — while auto insurance rose by 16.3% over the last year, gasoline prices nearly fell by just as much — and compares the rate of wage growth amid inflation.

To watch more expert insights and analysis on the latest market action, check out more Wealth here.

This post was written by Luke Carberry Mogan.