US: Inflation Progress Grinds to a Halt in October 

The Consumer Price Index (CPI) rose 0.2% month-on-month (m/m) in October, in line with the consensus forecast. On a twelve-month basis, CPI ticked up to 2.6% (from 2.4% in September). Energy prices were flat last month, as a pullback in gasoline prices (-0.9% m/m) was offset by an uptick in electricity costs (+1.0% m/m). Food […]

The post US: Inflation Progress Grinds to a Halt in October  appeared first on Action Forex.