Business · Economy · 10 hrs ago
US inflation is expected to slow in October
US prices are expected to rise more slowly in October after two months of faster increases that strained consumers.
Economists surveyed ahead of the figures forecast a 0.3% rise in the consumer price index, down from 0.6% in September.
Core inflation is also expected to ease, with prices excluding food and energy forecast to rise 0.2%, the smallest monthly increase in three months.
The figures cover the United States, and the Bureau of Labor Statistics is due to release them on Tuesday.
No year-over-year inflation rate will be published because a government shutdown meant the October 2025 price report was not released.
This is the final inflation report before the Fed’s December meeting, where investors expect policymakers to raise interest rates.
The Fed will weigh the figures alongside other economic data, including a stronger-than-expected October jobs report, as it considers inflation risks.
US inflation is expected to have slowed in October after two months of faster price increases.
A Bloomberg survey of economists forecast a 0.3% rise in the consumer price index, down from 0.6% in the previous month.
The core index, which excludes food and energy, was expected to rise 0.2%, its smallest increase in three months.
The Bureau of Labor Statistics was due to release the October data on Tuesday.
The report is the last inflation reading before the Federal Reserve’s December meeting.
- Who
- The US Bureau of Labor Statistics is due to report the figures. Economists surveyed by Bloomberg made the forecasts.
- What
- US consumer prices are expected to have risen more slowly in October. The core index is also forecast to have cooled.
- When
- The data were due on Tuesday, according to the article published on November 8, 2026.
- Where
- United States.
- Why
- Economists forecast slower price increases after two months of faster inflation. The report will also be examined for signs of inflation risks.
This story does not have two clearly opposing sides.
Consumer prices rose at a faster pace, with increases described as particularly uncomfortable for US consumers.
The October jobs report came in stronger than expected.
The Bureau of Labor Statistics was due to publish the October consumer price index data.
The Federal Reserve was due to hold its next meeting, with investors expecting policymakers to raise interest rates.
- Forecast CPI increase
- 0.3% in October, compared with 0.6% previously
- Forecast core CPI increase
- 0.2%, the smallest increase in three months
- Data publisher
- US Bureau of Labor Statistics
- Next Federal Reserve meeting
- December
3 sources
What people are saying
We expect headline CPI inflation to have slowed to 0.25% in October, compared with 0.65% in the previous month.
It is likely that core inflation slowed to 0.24%, from 0.33% previously, driven by slower increases in both goods and services prices.