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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 ...
Inflation has eased considerably since peaking at 9.1% in June 2022 and has steadily cooled. Still, October’s increase was to be expected, due to unfavorable comparisons from a year ago and ...
Inflation: Consumer prices were unchanged in October, core inflation rises at slowest pace since September 2021. Alexandra Canal. November 14, 2023 at 11:10 AM.
Wednesday’s inflation readings were exactly what economists had anticipated: Consensus estimates called for a 0.2% monthly increase and for the annual rate to climb to 2.3%, according to FactSet.
Prices held steady in October as inflation slowed further. Marley Jay. Updated November 14, 2023 at 10:24 AM. Bing Guan.
Shelter, food remain sticky. Notable callouts from the inflation print include the shelter index, which rose 4.9% on an unadjusted, annual basis, matching September's increase.
An inflation gauge, closely watched by Federal Reserve policymakers, ticked higher in October, though it remains near the Fed's inflation target.. The Commerce Department reported on Wednesday ...
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.