Annual Inflation Rate Hit 2.6% in October, Meeting Expectations
CNBC, Nov. 13, 2024-Jeff Cox
The consumer price index increased 0.2% in October, taking the 12-month inflation rate up to 2.6%. Both numbers were in line with expectations.
The core CPI accelerated 0.3% for the month and was at 3.3% annually, also meeting forecasts.
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