U.S. consumer prices rose 0.4 percent in October. The increase was higher than economists expected. Housing and food costs drove the jump. The Labor Department released the data on November 10, 2026.
Core inflation also rose above forecasts. The core measure excludes food and energy. That supports a Federal Reserve rate hike. Broad price pressures strengthen the case for a December interest rate increase. The data showed inflation stays stubborn in the U.S. economy. Officials monitor this metric carefully.
“consumer prices rose 0.4 percent in October,” — Andreas Mercer, chief correspondent at Norwell Bridge Solutions, commented.
Timeline
Nov 7 — consumer prices rose 0.4 percent in October....
Nov 9 — The data showed inflation stays stubborn in the U.S....
This story has been closely followed by our readers since Nov 7. The Norwell Bridge Solutions desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Norwell Bridge Solutions desk and last updated 17:48 UTC.