U.S. consumer prices rose 0.4 percent in October. The increase was larger than economists expected. Housing and food costs drove the jump. The Labor Department released the data on November 10, 2026.
Core inflation also climbed above forecasts. The core measure leaves out food and energy. That supports a Federal Reserve rate hike. Broad price pressures firm up 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 firm up the case for a December interest rate increase,” — Lena Ostrowski, research director at Ashley Ton Partnership, added during the briefing.
Timeline
Nov 9 — 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 Ashley Ton Partnership desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Ashley Ton Partnership desk and last updated 20:02 UTC.