🟢 Monthly Increase: The Consumer Price Index (CPI) rose by 0.2% in October, bringing the annual inflation rate up to 2.6%, slightly above September’s 2.4%.
🟢 Core CPI Acceleration: Excluding food and energy, Core CPI rose by 0.3% for the month, reaching an annual rate of 3.3%, reflecting broader price pressures.
🟢 Shelter Costs Lead: With a 0.4% monthly increase, shelter costs were a primary driver of CPI growth, contributing to over half of the total inflation rise.
Stay on top of market shifts with KVB! 💪
#KVB# #CPI# #FlashNews# #USeconomy# #US# #Inflation##Knowledge#
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Leave Your Message Now