Inflation eased to 7.7% in October as underlying price increases excluding energy and food slowed from a four-decade high
In 2021, officials thought that high inflation would be temporary. But a year later, it’s still near a four-decade high. WSJ’s Jon Hilsenrath explains three factors that have kept inflation up for longer than expected. Illustration: Jacob ReynoldsInflation eased to 7.7% in October, the Labor Department said Thursday, as underlying price increases excluding energy and food slowed from a four-decade high.
The consumer-price index measures what consumers pay for goods and services. The so-called core CPI excludes volatile energy and food prices.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
October inflation report likely to show consumer prices increased againThe consumer price index likely surged again in October as inflation remains near a 40-year high, continuing to inflict financial pain on millions of Americans.
Leer más »
US consumer inflation eased to 7.7% in October from year earlierPrice increases moderated in the U.S. last month in the latest sign that the inflation pressures might be easing as the economy slows and consumers grow more cautious.
Leer más »
Little sign of relief expected in October US inflation dataThe nation’s punishing inflation rate likely kept simmering in October, giving the Federal Reserve little cause to ease up in its drive to slow price increases by steadily raising interest rates
Leer más »
Inflation numbers from October expected to remain highThe Labor Department is expected to report today that consumer prices jumped 8% from 12 months earlier and by a sharp 0.6% from September to October.
Leer más »