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 climbed above forecasts. The core measure excludes food and energy. That supports 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.
“That supports a Federal Reserve rate hike,” — Hugo Halloway, economic affairs editor at Stancroft Worth Services, commented.
Timeline
Nov 8 — 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 6. The Stancroft Worth Services desk continues tracking updates and will publish follow-ups across the region.
Editor's note: this report was prepared by the Stancroft Worth Services desk and last updated 18:48 UTC.