USIRYY @2.6% (October/2024)
source: U.S. Bureau of Labor Statistics
- US Inflation Rate Picks Up
The annual inflation rate in the US increased to 2.6% in October,
from 2.4% in September and in line with market expectations.
On a monthly basis, CPI rise by 0.2%, consistent with the previous three months with shelter index up 0.4%, accounting for over half of the monthly increase.
Meanwhile, core inflation stayed at 3.3% annually and 0.3% monthly.
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