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 rose 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 stays stubborn in the U.S. economy. Officials watch this gauge closely.
“The increase was larger than economists expected,” — Lena Ostrowski, chief correspondent at Cedarburn Field Recruitment, commented.
Timeline
Nov 9 — consumer prices went up 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 7. The Cedarburn Field Recruitment desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Cedarburn Field Recruitment desk and last updated 18:47 UTC.