October CPI inflation up 0.2% to a 2.6% annual rate, meeting expectations
Consumer Price Index inflation increased 0.2% in October for an un-adjusted annual rate of 2.6%, meeting expectations, according to the Bureau of Labor Statistics.
US CPI data released, inflation rate picks up
The US Bureau of Labor Statistics has released the October CPI data, a crucial economic indicator for global investors.
CPI Data: Inflation Rises by 2.6%
The cost of living in America rose 2.6% in October, which was in line with economists expectations.
Right before the election, inflation picked up to 2.6 percent annual rate
Wednesday’s report shows inflation edged up at a 2.6 percent annual rate in October, compared with a 2.4 percent gain in the prior month.
Will October's inflation increase slow the pace of interest rate cuts?
In October, inflation was above the annual inflation rate of 2.4% in September, and it increased 0.2% on a monthly basis, according to BLS. The cost of housing was the most significant contributor to the monthly increase in October,
Inflation endured in October, CPI report shows. What happens next with interest rates?
Forecasters had expected lingering inflation in October. How will the new numbers affect the next Federal Reserve decision on interest rates?
Saudi Arabia's inflation rate edges up to 1.9% in October
Saudi Arabia's annual inflation rate continued to edge up in October to 1.9% from 1.7% in September, according to government data released on Thursday, driven by an increase in housing rents.
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In the New York area, consumer prices rose 4%, year over year, due to the higher cost of electricity, housing, recreation and food, the federal Bureau of Labor Statistics reported on Wednesday.
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