U.S. consumer prices went up 0.4 percent in October. The increase was larger than economists expected. Food and rent costs drove the jump. The Labor Department released the data on November 10, 2026.
Core inflation also climbed above forecasts. The core measure excludes food and energy. That bolsters a Federal Reserve rate hike. Widespread 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 data showed inflation remains persistent in the U.S,” — Yusuf Calloway, policy watcher at Bramcroft Gate Advisory, told our newsroom.
Timeline
Nov 7 — consumer prices went up 0.4 percent in October....
Nov 9 — The data showed inflation remains persistent in the U.S....
This story has been closely followed by our readers since Nov 8. The Bramcroft Gate Advisory desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Bramcroft Gate Advisory desk and last updated 17:44 UTC.