The U.S. CPI report will be released tonight at 21:30, and the annual rate data will be missing.

November 10 - The U.S. October CPI inflation report will be released at 21:30 Beijing time, but this report will lack the year-over-year data for CPI and core CPI.

The reason is that the U.S. government shutdown in October 2025 prevented staff from collecting price data for that month, leaving this year without a reference point, so the U.S. Bureau of Labor Statistics cannot calculate the year-over-year data, and the market can only rely on month-over-month data to judge inflation conditions.

Economists expect U.S. October 2026 CPI to rise 0.3% month-over-month, and core CPI to rise 0.2% month-over-month, with both growth rates cooling.