US October CPI Rises 0.4% MoM, Core CPI Up 0.3%, Both Above Expectations

November 10 — Data from the U.S. Bureau of Labor Statistics show that U.S. October CPI rose 0.4% month-over-month after seasonal adjustment, versus an expected 0.3% increase and a previous 0.6% increase; October core CPI rose 0.3% MoM, versus an expected 0.2% increase and a previous 0.3% increase. Because of the U.S. government shutdown in October last year, the Bureau of Labor Statistics was unable to compile a complete index, so no year-over-year data was released this time.