US inflation increases in October


Inflation in the United States rose to 2.5 percent in October, from 2.3 percent a month earlier. This is shown by figures from the government.

The figure is equal to the median expectations of economists. Core inflation, excluding the fluctuating prices of energy and food, was 2.1 percent on an annual basis, compared to 2.2 percent in September. On a monthly basis, US consumer prices went up by 0.3 percent.

Inflation plays an important role in the interest policy of the Federal Reserve, the American umbrella of central banks.

By: Peretz M.

Peretz M. is an accomplished economist and financial journalist with a deep understanding of the global economy and financial markets. He is a regular contributor to EconomicInform, where he provides expert analysis and commentary on current economic trends and events. With a strong educational background in economics, Peretz has a talent for breaking down complex economic concepts for a general audience and is able to provide insightful perspectives on a wide range of economic issues.

Add comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recent Posts


About us

EconomicInform, is a product of EconomicInform LLC. We sincerely believe that economics is one of the most interesting and most underappreciated – in terms of getting some enjoyment out of reading the subject articles – sciences. More on that - at the link. Feel free to drop us a line.