U.S. Consumer Prices Rise In Line With Estimates In October
(RTTNews) - A closely watched report released by the Labor Department on Wednesday showed consumer prices in the U.S. rose in line with economist estimates in the month of October.
The Labor Department said its consumer price index crept up by 0.2 percent in October, matching the upticks seen in each of the three previous months as well as expectations.
The report also said the annual rate of consumer price growth accelerated to 2.6 percent in October from 2.4 percent in September. The faster growth also came in line with economist estimates.
Excluding food and energy prices, core consumer prices climbed by 0.3 percent in October, matching the increases seen in each of the two previous months along with expectations.
The annual rate of core consumer price growth was unchanged from the previous month at 3.3 percent, which also in line with estimates.
U.S. Jobless Claims Unexpectedly Dip To Nearly Six-Month Low
U.S. Producer Prices Rise 0.2% In October, In Line With Estimates
U.S. Producer Prices Increase In Line With Estimates In October
U.S. Weekly Jobless Claims Unexpectedly Edge Lower
U.S. Consumer Price Inflation Data Matches Economist Estimates In October
U.S. Consumer Sentiment Improves More Than Expected In November
U.S. Dollar Gives Back Ground After Yesterday's Surge
