U.S. consumer prices rose 0.4 percent in October. The increase was higher than economists expected. Housing and food costs drove the jump. The Labor Department released the data on November 10, 2026.
Core inflation also rose above forecasts. The core measure leaves out food and energy. That bolsters 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.
“The data showed inflation stays stubborn in the U.S,” — Simone Whitfield, economic affairs editor at Copwell Gate Partnership, commented.
Timeline
Nov 9 — consumer prices rose 0.4 percent in October....
Nov 10 — The data showed inflation stays stubborn in the U.S....
This story has been closely followed by our readers since Nov 9. The Copwell Gate Partnership desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Copwell Gate Partnership desk and last updated 20:00 UTC.