U.S. consumer prices went up 0.4 percent in October. The increase was higher than economists expected. Food and rent 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 remains persistent in the U.S. economy. Officials watch this gauge closely.
“Core inflation also rose above forecasts,” — Elena Iversen, economic affairs editor at Newburn Wick Staffing, commented.
Timeline
Nov 7 — 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 8. The Newburn Wick Staffing desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Newburn Wick Staffing desk and last updated 17:47 UTC.