US consumer prices rise 0.4% in October
The rise came after a slower September increase, and the figures are the first U.S. price report since the midterm elections.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
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What happened
U.S. consumer prices rose 0.4% in October from September, according to the Labor Department, cooling from a 0.6% increase the month before.
Why it matters
Economists said the inflation level is still uncomfortably high, and the figures raise the odds of a December Fed rate hike and add risk to mortgage rate declines.
Timeline
- Nov 10, 8:31 AM ET: Consumer prices rose 0.4% in October, more than expected.
- Nov 10, 11:12 AM ET: The shutdown left the annual inflation rate unavailable, complicating Fed decisions.
Coverage
- Larger series of interest rate hikes more likely after hot October CPI (katv.com)
- Inflation Report Hotter Than Expected (iheart.com)
- October inflation ran hot again, making a December Fed hike likely (housingwire.com)
- Here's the inflation breakdown for October 2026 (CNBC)
- October U.S. CPI Beats Forecasts as Core Inflation Stays Firm (bitcoinfoundation.org)
- Consumer prices increased 0.4% in October; energy, shelter rose (upi.com)
- Inflation remains hot, pointing to Fed rate hikes (realeconomy.rsmus.com)
- October inflation breakdown: Cheaper gas, bigger grocery bills (Yahoo News)
- Inflation remained elevated in October, cementing a Fed rate increase (Politico)
- Prices rose slightly in October: BLS (The Hill)
- US inflation rose 0.4% in October as price increases cooled and gas costs dipped (The Guardian)
- Monthly Inflation Slipped to 0.4% in October, but Remains Higher Than Expected (WSJ)
- Inflation posts slowest rise in three months as gas prices drop (NBC News)
- U.S. CPI rose stronger than expected 0.4% in October; core rate rose 0.3% (coindesk.com)
- Consumer prices rose 0.4% in October, more than expected (CNBC)
- Inflation likely took a breather last month as fuel prices fell (NBC News)
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