U.S. consumer prices rose 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 climbed 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 stays stubborn in the U.S. economy. Officials monitor this metric carefully.
“Broad price pressures strengthen the case for a December interest rate increase,” — Hugo Halloway, senior market analyst at Ashcroft Worth Partnership, observed.
Timeline
Nov 8 — consumer prices rose 0.4 percent in October....
Nov 11 — The data showed inflation stays stubborn in the U.S....
This story has been closely followed by our readers since Nov 10. The Ashcroft Worth Partnership desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Ashcroft Worth Partnership desk and last updated 19:50 UTC.