U.S. consumer prices went up 0.4 percent in October. The increase was larger than economists expected. Housing and food costs drove the jump. The Labor Department released the data on November 10, 2026.
Core inflation also climbed above forecasts. The core measure leaves out food and energy. That supports a Federal Reserve rate hike. Broad price pressures firm up the case for a December interest rate increase. The data showed inflation remains persistent in the U.S. economy. Officials watch this gauge closely.
“The core measure leaves out food and energy,” — Andreas Mercer, policy watcher at Copwell Stow Solutions, told our newsroom.
Timeline
Nov 9 — consumer prices went up 0.4 percent in October....
Nov 10 — The data showed inflation remains persistent in the U.S....
This story has been closely followed by our readers since Nov 7. The Copwell Stow Solutions desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Copwell Stow Solutions desk and last updated 18:43 UTC.