US inflation rose 0.4% in October as price increases cooled and gas costs dipped
AI Summary
U.S. consumer prices increased 0.4% from September to October, while price increases cooled and gasoline costs dipped. The Bureau of Labor Statistics did not provide the usual year-over-year CPI figure because data collection was disrupted during the 2025 government shutdown.
New data comes after Republicans’ midterms losses – which were largely seen as a rebuke of the party over high prices US inflation rose 0.4% from September to October, a cooldown in price increases as the cost of gas dipped during the month. The Bureau of Labor Statistics did not release the usual year-over-year inflation figure as part of the consumer price index (CPI), which measures the price of a basket of goods and services, as data was not collected in October 2025 during the government shutdown. Continue reading...