Today news
About the same in other media
30.11 - 17:11
U.S. inflation slows to 3.2% in October
Reading now: 949
Investing.com -- Headline inflation in the U.S. slowed by more than expected in October, in a boost for Federal Reserve officials keen on corralling price pressures in the world's largest economy.
The U.S. consumer price index (CPI) rose by 3.2% in October on an annualized basis, decelerating from a rate of 3.7% in September. It was the reading's first decline in three months. Month-on-month, the measure came in at 0.0%, down from 0.4%.
Economists had seen the figures at 3.3% annually and 0.1% from the prior month.
This is a breaking story. Please check back later for updates.
Read more on investing.comAbout this in other media
Autumn Statement 23: GDP forecasts 'slashed' as inflation expectations climb investmentweek.co.uk /11 months ago
Federal Reserve minutes: Officials saw inflation slowing but will monitor data to ensure progress abcnews.go.com /11 months ago
BoE's Bailey: Markets underestimating risk of higher-for-longer inflation investmentweek.co.uk /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
