Inflation hit a bump in October after slowing for six straight months

Inflation rose slightly in October, with consumer prices up 0.2% for the month and 2.6% compared to a year earlier, marking the first increase since March.

Housing-related inflation contributed to half of the monthly rise, while energy prices were flat.

Despite this, inflation has significantly eased from its peak of 9.1% in June 2022.

Economists expect continued progress, with core inflation (excluding food and energy) rising 0.3% monthly and 3.3% annually, CNN has reported.

read more: https://www.cnn.com/2024/11/13/economy/us-inflation-cpi-prices-october/index.html

Links for B.C.

Visit My Website
https://bcbegley.com

Follow Me On Facebook
https://www.facebook.com/B.C.Begley

Subscribe To My Patreon
https://www.patreon.com/bcbegley

Watch Me On YouTube
https://www.youtube.com/channel/UCGoUf-QQTlTN-BIh3ERCE9A

Follow Me On Twitter
https://twitter.com/BC_News1

Watch Me On Rumble
https://rumble.com/c/c-280191

Follow Me On Gab
https://gab.com/BC_Begley

Follow Me On Truth Social
https://truthsocial.com/@BC_Begley

#Inflation #Economy