Analysts’ average forecast was for a 0.3 percent monthly price increase, according to Bloomberg.
Excluding energy prices, prices rose by 0.3 percent in October compared with September, against expectations of 0.2 percent.
US consumer prices rise 0.4% in October, above expectations
Consumer prices in the United States rose 0.4 percent in October compared with September, according to new figures from the US Department of Labor. The increase was slightly higher than expected.
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