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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 ...
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 ...
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 ...
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 ...
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 ...
Consumer prices rose 2.6% from a year earlier, the Labor Department said Wednesday, up from 2.4% in September. It was the first rise in annual inflation in seven months. From September to ...
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 ...
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