U.S. inflation rose 0.4% in October, exceeding economists’ forecast but slowing from September’s 0.6% increase, according to the Bureau of Labor Statistics. (Foto: Instagram)
U.S. inflation rose 0.4% in October, according to figures released by the Bureau of Labor Statistics. The increase exceeded economists’ forecast of 0.3%, though it was slower than the 0.6% recorded in September.
The slowdown came as energy and gasoline prices rose at a slower pace. October’s increase was still considered high, and inflation has remained above 3% annually since the conflict involving the United States and Iran in the Middle East began in late February, according to the report. The Federal Reserve’s annual inflation target is 2%.
The government did not release a 12-month inflation rate. A shutdown in October 2025 meant the data was not collected, making an annual comparison impossible.
In September, the Federal Reserve raised interest rates for the first time since 2023. Another increase is expected after the central bank’s next board meeting, scheduled for December. The October inflation report also affected Brazil’s markets, where the dollar traded higher.
