US Inflation Slows Down Less than Expected

2026-11-10 13:32 By Agna Gabriel 1 min. read

US consumer inflation moderated in October, with the CPI rising 0.4% month on month, after a 0.6% increase in September, and above forecasts of 0.3%.

Meanwhile, core inflation rose 0.3%, matching the pace recorded in August and September, but above expectations of 0.2%.

Shelter costs climbed 0.3%, accounting for more than 30% of the overall increase.

Food prices increased 0.5%, driven by higher grocery costs, particularly snacks, meat, fruit and vegetables, and dairy products.

Prices for meals away from home advanced 0.5%.

Energy prices rose 0.7%, slowing sharply from September’s 5.2% increase, as a 1% rise in gasoline and a 0.9% gain in electricity costs were partly offset by lower natural gas prices.

Recreation, medical care and motor vehicle insurance also became more expensive, while used cars and communication costs declined.

The BLS said it could not calculate annual inflation rates for October because data for 2025 were unavailable due to a government funding lapse.



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US Inflation Slows Down Less than Expected
US consumer inflation moderated in October, with the CPI rising 0.4% month on month, after a 0.6% increase in September, and above forecasts of 0.3%. Meanwhile, core inflation rose 0.3%, matching the pace recorded in August and September, but above expectations of 0.2%. Shelter costs climbed 0.3%, accounting for more than 30% of the overall increase. Food prices increased 0.5%, driven by higher grocery costs, particularly snacks, meat, fruit and vegetables, and dairy products. Prices for meals away from home advanced 0.5%. Energy prices rose 0.7%, slowing sharply from September’s 5.2% increase, as a 1% rise in gasoline and a 0.9% gain in electricity costs were partly offset by lower natural gas prices. Recreation, medical care and motor vehicle insurance also became more expensive, while used cars and communication costs declined. The BLS said it could not calculate annual inflation rates for October because data for 2025 were unavailable due to a government funding lapse.
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