In The News

Airlines Rose in September Despite Slowing Inflation

from Zack's

Airlines Rose in September Despite Slowing Inflation

U.S. consumer prices rose 2.3 percent year-over-year in September, which was down from 2.7 percent in August, according to Zacks. This was the lowest inflation rate in seven months.

However, some areas of the market did experience an increase in inflation. The cost of flying, for instance, rose in September according to Zacks. While higher prices are understandably frustrating for consumers, this could potentially be good for the airlines industry. The U.S. Global Jets ETF (JETS) provides investors access to the global airline industry, including airline operators and manufacturers from all over the world.

 

Read the full article, “ETF Winners Despite Slowing Inflation in September,” on Zacks.com.

 

Past performance does not guarantee future results.

U.S. Global Investors has authored and is responsible for the summary on this page.

All opinions expressed and data provided are subject to change without notice. Opinions are not guaranteed and should not be considered investment advice.