U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
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 market.
Inflation rose to 2.0 per cent in October, putting December interest rate cut into question
The Consumer Price Index — a broad-based measure of inflation — was 2.0 per cent higher than it was a year ago, up from 1.6 per cent in September. That puts it bang-on the Bank of Canada’s inflation target, but was higher than most economists had expected.
Canada's inflation rate jumps back to 2% in October
Canada's annual inflation rate accelerated more than expected to 2% in October as gas prices fell less than the previous month, data showed today, likely diluting chances of another large rate cut in December.
Inflation ticked up to 2% in October
Canada's inflation rate ticked up to two per cent in October, Statistics Canada said on Tuesday. The consumer price index had previously hit 1.6 per cent in September thanks to a steep decline in gas prices.
Canada's inflation rate ticks back up to 2%
Canada’s annual inflation rate hit 2 per cent in October, up from 1.6 per cent the month before, Statistics Canada said Tuesday. The rate was slightly above economists’ forecast and was mainly due to gas prices falling less in October than they did in September.
Canada's inflation rate jumps back to 2%, curbing large rate-cut bets
Canada's annual inflation rate accelerated more than expected to 2.0% in October as gas prices fell less than the previous month, data showed on Tuesday, shrinking market bets for a bigger rate cut next month.
Canada's inflation rate rises 2 per cent, grocery prices accelerate
Canada's annual inflation rate jumped two per cent in October, due in part to the base-year effect on gasoline prices. In September prices increased at a 1.6 per cent annual pace. Statistics Canada said on Tuesday the Consumer Price Index (CPI) rose 0.
Statistics Canada set to release October inflation figures today
OTTAWA — Statistics Canada is expected to release its October consumer price index report this morning. Economists polled by Reuters expect the annual inflation rate rose to 1.9 per cent last month, according to LSEG Data & Analytics.
Canada's annual inflation rate rises to 2% in October
Canada's annual inflation rate accelerated more than expected to 2.0% in October as gas prices fell less than the previous month, data showed on Tuesday, likely diluting chances of another large rate cut in December.
Inflation heated up in October as expected
October's consumer price index was expected to show inflation heating up at a 2.6% rate.
Phoenix inflation rate rose slower than rest of country in October
Phoenix-area inflation rose at a slower pace than nationally, with prices here up 1.6% over the past 12 months. Lower ...
Inflation accelerated in October, offering first look at prices since election
Consumer prices rose 2.6% in October compared to a year ago, ticking upward from the previous month and reversing some of the ...
US inflation may have increased in October: Here's what's rising in price, and what's leveling off
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most ...
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Inflation Ticked Up 2.6% in October as Housing Costs Rise
Annual inflation ticked up again last month for the first time since March, thanks in large part to rising housing costs.
Here's the inflation breakdown for October 2024 — in one chart
Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories, such as car ...
Where was inflation the highest in October? Northeast and Midwest cities near the top
Americans around the country are experiencing vastly different inflation rates depending on where they live in the U.S., with ...
Inflation Stayed At Steady Pace In October
The Consumer Price Index (CPI) rose steadily in October, at a pace likely modest enough to keep the Federal Reserve on course ...