Where was inflation the highest in October? Northeast and Midwest cities near the top
Americans across the U.S. are experiencing vastly different inflation rates depending on where they live, and new Labor Department data shows it was highest in the Northeast.
Inflation rose to 2.6% in October in first increase in six months
The October inflation numbers were just released as part of the consumer price index — they are first inflation numbers since the election.
Inflation Proves a Little Stickier in October
The increase in inflation was expected but is unlikely to deter the Federal Reserve from cutting rates in December.
PPI Inflation Rose in October
Getting inflation back down to 2% is proving to be a grind. Prices paid to producers for their output climbed by 0.2% last month and 2.4% in the 12 months through October, an uptick from the rate in September,
Inflation progress stalls in US in October
Price increases in the US picked up last month, as progress toward stabilising prices appeared to stall. Consumer prices rose 2.6% over the 12 months to October, the Labor Department said. That marked a slight uptick from 2.
Oct CPI inflation up modestly, as expected
U.S. consumer prices increased as expected in October, and progress toward bringing inflation down has slowed since mid-year, which could result in fewer interest rate cuts from the Federal Reserve next year.
Inflation rises 2.6% in October, in line with expectations
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.
Inflation rose to 2.4% in October in producer price index
Inflation, as measured by the producer price index, rose six tenths of a percentage point to 2.4% for the year ending in October, the Bureau of Labor Statistics reported Thursday, a troubling sign that inflation pressures remain strong.
Inflation ticked up in October, CPI report shows. What happens next with interest rates?
That's a much lower inflation rate than American consumers endured through most of 2022 and 2023, but it's higher than the ...
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Here's the deflation breakdown for October 2024 — in one chart
There are still some pockets of deflation in the U.S. economy, though the dynamic has become more muted as supply chains ...
In good news for U.S. consumers, some grocery prices are dipping for the first time since 2020
Americans have struggled with high grocery costs since inflation soared during the pandemic. Now prices are falling.
What the October jobs report says about the state of the economy
The final jobs report before Election Day shows the number of jobs added to the U.S. economy plummeted in October, with only ...
Major disappointment with just 12,000 jobs in October: Key facts and figures in last report before election
The economy added far fewer jobs than expected in October, bad news for Vice President Kamala Harris just ahead of the ...
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began ...
US economy added 12K jobs in October, well below economists' expectations
"The big one-off shocks that struck the economy in October make it impossible to know whether the ... market updates, ...
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The economy added just 12,000 jobs in October
The U.S. economy added just 12,000 jobs in October as hiring was held down by strikes and storm damage in the Southeastern ...
Here's the inflation breakdown for October 2024 — in one chart
Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories like car insurance ...
US Consumer Inflation Picks Up To 2.6% In October
US consumer inflation edged higher last month spurred by an increase in housing costs, according to government data published Wednesday, complicating the US Federal Reserve's plans to cut interest ...