Annual U.S. inflation in October was 0.2%, better than forecast

Annual U.S. inflation in October was 0.2%, better than forecast


Core inflation in October was 0.2%; in annual terms the indicator reached 1.9%. Food prices in monthly terms in October showed an increase of 0.1%, energy – by 0.3%.

MOSCOW, Nov 17. Consumer prices in the USA in annual terms in October rose 0.2%, month-on-month inflation was recorded at 0.2%, according to a press release of the Ministry of labor of the country.

Analysts polled by Reuters forecast inflation in October in annual terms at 0.1%, and in monthly expression on 0,2%.

Core inflation — excluding prices for food and energy, which in October was 0.2%; in annual terms the indicator reached 1.9%. Both indicators have coincided with forecasts of analysts.

Food prices in monthly terms in October showed an increase of 0.1%, energy — by 0.3%. In annual terms, energy prices fell by 17.1%, while food, on the contrary, rose in price by 1.6%.