Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the annual rate of 2.4% recorded during the previous month.
US inflation may have increased in October: Here's what's rising in price, and what's leveling off
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most economists believe inflation will continue its slowdown.
Here's the inflation breakdown for October 2024 — in one chart
The consumer price index rose by 2.6% in October 2024 versus a year earlier, the Bureau of Labor Statistics said. That's up from 2.4% in September. Gasoline prices declined and grocery inflation remains low. But CPI housing inflation remains stubbornly high.
Inflation ticks up in October mostly driven by housing cost increases
Most economists believe overall prices will continue downward trend following first rise in annual inflation in seven months
Inflation rises 2.6% in October, in line with expectations
Inflation rose slightly in October in line with economists' expectations, as the consumer price index was up 2.6% from a year ago and 0.2% compared with last month.
Inflation rose to 2.6% in October in first increase in six months
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in October, the Bureau of Labor Statistics reported Wednesday in an update to the consumer price index, the first rise in annual inflation in six months.
Inflation expected to have increased in October
The U.S. government is set to release new inflation data on Wednesday, offering a fresh look at price increases little more than a week after the issue appeared to help former President Donald Trump win re-election.
Wholesale Inflation Surges To 2.36% In October; Increase In Food Prices Drive The Spike
After the retail inflation data that was released on November 12, the data for Wholesale Inflation for the month of October has also been released. The WPI or Wholesale Price Index for October surged to 2.
Will October's inflation increase slow the pace of interest rate cuts?
Inflation increased to 2.6% in October, rising modestly from the previous month, according to the Consumer Price Index (CPI) ...
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Inflation Rose Slightly in October, But Two-Year Downward Trend Remains
Inflation in the United States ticked up in October, driven by costlier rents, used cars and air fares, a sign that price ...
U.S. October budget deficit jumps to $257 billion, handing hole to Trump
The U.S. budget deficit jumped nearly four-fold to $257 billion in October, a figure inflated by one-off factors, the ...
Where was inflation the highest in October? Northeast and Midwest cities near the top
Americans across the U.S. are experiencing vastly different inflation rates depending on where they live, and new Labor ...
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began ...
Inflation ticked up in October, CPI report shows. What happens next with interest rates?
That's a much lower inflation rate than American consumers endured through most of 2022 and 2023, but it's higher than the ...
India's October merchandise trade deficit at $27.14 bln
India's merchandise trade deficit in October stood at $27.14 billion, according to a Reuters calculation based on export and ...
October CPI: Trend Reversal Has Investors Preparing For Higher Terminal Rates
October's inflation report shows rising inflation pressures, driven by services and housing costs. See what to expect at ...
Planet saw its 2nd-warmest October in 175-year record: 2024 on pace to be world's warmest year on record
Earth saw another unusually warm month, with October 2024 ranking as the second-warmest October in NOAA's 175-year global ...