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Inflation rose to 2.6% in October in first increase in six monthsInflation rose two-tenths of a percentage point to 2.6% for the year ending in October, the Bureau of Labor Statistics reported Wednesday in an update to the consumer price index, the first rise ...
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor ...
Month-over-month, the CPI rose 0.2% in line with economists’ expectations, the same increase as last month. Core inflation, which excludes volatile energy and food prices, rose 3.3% versus a ...
groceries and rent cost — rose 0.2% in October from the prior month and was up 2.6% from a year ago. Economists polled by LSEG predicted that inflation would come in at 0.2% in October while ...
The Consumer Price Index in March rose 2.4% on an annual basis, showing progress in the Federal Reserve's battle to bring down inflation to a 2% rate. The CPI was forecast to rise 2.6% last ...
The personal consumption expenditures price index (PCE) – the Fed’s preferred gauge of inflation – rose 0.1% in May compared to the previous month and 2.6% year-over-year, according to the ...
Inflation rose as expected last month, as the lingering impact of the yearslong above-trend price increases continues to weigh on the minds of Americans. Annual inflation is far closer to the ...
Outside of the inflation numbers, the Bureau of Economic Analysis report showed that personal income rose 0.5% on the month, stronger than the 0.4% estimate. Consumer spending, however ...
U.S. inflation picked up a bit last month as higher prices for groceries and some imported goods were largely offset by ...
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