Inflation data comes in hotter than expected, even as energy inflation fades
Verified: 2 outlets have reported this story since Nov 10.
October price data showed that inflation came in hotter than expected last month, while still cooling from September's elevated levels, as rising housing and food costs weighed on consumers. The Consumer Price Index rose 0.4% in October from a month earlier, higher than the 0.3% economists were expecting but below September's 0.6% gain. Core inflation, which strips out volatile food and energy prices, rose 0.3%, coming in ahead of the 0.2% economists were expecting to match September's levels. October's report didn't include annual inflation figures because the Bureau of Labor Statistics was…
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