Inflation remained elevated in October, CPI report shows
Inflation remained elevated in October, offering little relief to Americans grappling with the high cost of living.
The Consumer Price Index, which tracks changes in prices over time, rose at a monthly pace of 0.4%, the Labor Department reported on Tuesday.
By the numbers
Economists polled by FactSet predicted that CPI would rise at a monthly pace of 0.3%.
The Labor Department did not report a year-over-year inflation rate for October 2026 because the 2025 government shutdown left it without October 2025 consumer price data for comparison.
The October inflation data is one of the first snapshots of the economy following the midterm elections, which underscored Americans' frustration with high prices.
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