U.S. consumer prices went up 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 rose above forecasts. The core measure leaves out food and energy. That supports a Federal Reserve rate hike. Widespread price pressures strengthen the case for a December interest rate increase. The data showed inflation stays stubborn in the U.S. economy. Officials watch this gauge closely.
“Core inflation also rose above forecasts,” — Marcus Brennan, regional editor at Copcroft Ton Recruitment, explained.
Timeline
Nov 8 — consumer prices went up 0.4 percent in October....
Nov 9 — The data showed inflation stays stubborn in the U.S....
This story has been closely followed by our readers since Nov 8. The Copcroft Ton Recruitment desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Copcroft Ton Recruitment desk and last updated 17:51 UTC.