Price pressures persisted in October
GlobeAlert Desk · curated from Axios · North America
Data: Bureau of Labor Statistics; Chart: Courtenay Brown/AxiosInflation remained hot in October, according to data from the Labor Department released on Tuesday.Why it matters: The Consumer Price Index shows that even as gasoline prices steadied, inflation pressures elsewhere remained stubborn.By the numbers: CPI rose 0.4% last month, slowing from the 0.6% increase in September. Gasoline prices gained 1% in October, a sharp slowdown from the 9.1% surge in September, the Labor Department said.Core CPI, which excludes volatile food and energy prices, advanced 0.3% for the third straight month, w
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text. How we score stories.
What the desk knows about this story
Scored from severity, scale, escalation potential and source agreement. Below the alert threshold.
Single-source so far. Treat details as unconfirmed until more publishers report.
Not flagged as developing.
- Protest activity (143 reports)Protests · · 4m ago
- Conflict activity (158 reports)Conflict Events · · 4m ago
- Cyber activity (100 reports)Cyber Threats · · 18m ago