US Inflation Runs Hotter Than Expected in October as CPI Rises 0.4% — With No Annual Rate to Compare It To
WASHINGTON — US inflation came in hotter than expected in October, with consumer prices rising 0.4% from September, the Bureau of Labor Statistics (BLS) reported on Tuesday, 10 November 2026, in a release that carried an unusual gap: there was no annual inflation rate to compare it with. Published at 8:30 a.m. ET (20:30 WIB), it showed price pressures stronger than forecast, led by housing costs, sharpening debate over a December Federal Reserve rate rise. Core prices rose 0.3% for a third consecutive month, while the headline increase topped the 0.3% rise economists polled by Reuters had expected. Illustration: An AI-generated illustration of rising grocery prices in a US supermarket aisle, with a shopping cart and price tags. This is an illustration, not a photograph of a real store or event. What Happened The October consumer price index (CPI) rose 0.4% on a seasonally adjusted basis, the BLS said, after a 0.6% increase in September. That was above the 0.3% gain forecast by econ...