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“Core” inflation, a measure that excludes volatile food and gas prices, rose at an annual rate of 3.3% in October, as predicted. Core inflation remains elevated because of high prices for ...
Economists were anticipating that inflation would run hotter in October, in part because of stubborn housing-related costs and some price hikes considered one-time in nature (notably air fares and ...
October's Consumer Price Index (CPI), which measures changes in the cost of consumer goods and services, showed that annual inflation rose by 2.6%. That's not an alarmingly high rate of inflation.
October’s inflation rate of 2.3% means that if an item cost £100 a year ago, the same thing would now cost £102.30. ... It is above than the 1.7% inflation rate recorded in September meaning ...
A key driver of last month's inflation bump was the housing market, with shelter prices rising 0.4% in October, contributing about half of the monthly increase, the Bureau of Labor Statistics said ...
Inflation, as measured by the consumer price index, rose just 3.2% from a year ago in October, the Bureau of Labor Statistics reported Tuesday. That’s just a hair shy of Wall Street’s ...
Other notable call-outs from the inflation print include the shelter index, which rose 6.7% on an unadjusted, annual basis — the slowest increase in a year.
New inflation data out Wednesday showed consumer prices rose as forecast in October, keeping the Federal Reserve on track to lower interest rates again in December.