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Inflation accelerated in October, offering first look at prices since election
Consumer prices rose 2.6% in October compared to a year ago, ticking upward from the previous month and reversing some of the cooldown achieved in recent months, U.S. Bureau of Labor Statistics data on Wednesday showed. The fresh report matched economists' expectations.
US import prices unexpectedly rise in October
U.S. import prices unexpectedly rose in October amid higher prices for fuels and other goods, the latest indication of lack of progress lowering inflation in recent months.
U.S. Producer Prices Rise 0.2% In October, In Line With Estimates
After yesterday's consumer price inflation data matched expectations, the Labor Department released a separate report on Thursday
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.
US producer prices rise as expected in October
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and hospital outpatient care, further evidence that progress toward lower inflation was stalling.
October Producer Price Growth Accelerates
Producer price growth accelerated in October sequentially as wholesale costs of goods rebounded, the Bureau of Labor Statistics reported Thursday. The US producer price index increased 0.2% last month on a seasonally adjusted basis,
Producer price index and core PPI rise as expected in October
M/M vs. +0.2% consensus and 0.1% in September (revised from 0.0%). +2.4% Y/Y vs. +2.3% consensus and +1.9% prior (revised from +1.8%). Core PPI: +0.3% M/M vs. +0.3% expected and +0.2% in September. +3.
Rising US producer prices add to signs of fading disinflation
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, another sign that progress towards lower inflation was stalling.
1h
US industrial production sags in October amid continued drag from Boeing strike, hurricanes
U.S. industrial production fell for a second straight month in October, continuing to be depressed by hurricanes and a strike ...
1h
Retail sales up solidly in October as Americans showed continued willingness to spend
Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the ...
2h
on MSN
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 ...
23h
Will October's inflation increase slow the pace of interest rate cuts?
Inflation increased to 2.6% in October, rising modestly from the previous month, according to the Consumer Price Index (CPI) ...
1h
on MSN
Netanyahu aide investigated over 7 October document changes
The Chief of Staff to Israeli Prime Minister Benjamin Netanyahu is being investigated by police over allegations of altering ...
1d
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 ...
Inc
1d
Inflation Rose Slightly in October, But Two-Year Downward Trend Remains
Inflation in the United States ticked up in
October
, driven by costlier rents, used cars and air fares, a sign that price ...
1d
on MSN
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 ...
18h
on MSN
Minnesota unemployment rate, labor force participation remain steady in October
Minnesota's unemployment rate and labor participation force held steady in October. According to the Department of Employment ...
2d
Inflation Rose in October, Raising Concerns for Fed Rate Cuts
October's annual inflation rate ticked up for the first time in seven months, after more than two years of gradual cooling.
9h
French inflation revised up to 1.6% in October
Consumer prices in France rose 1.6% year-on-year in October, statistics office INSEE said on Friday, revising slightly up its ...
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