Inflation in October up 7.7% from previous year
Wall Street projected a 7.9% annualized increase.
Updated: November 10, 2022 - 8:52am
The Facts Inside Our Reporter’s Notebook
The consumer price index for October increased 7.7% from the previous year and increased 0.4% from September, the federal government said Thursday.
The figures come from the Bureau of Labor Statistics.
The CPI is a broad-based measure of goods and services costs.
Wall Street projected a 7.9% increase, compared to October 2021, and a 0.6% increase from September to October.
The year-over-year increase was the smallest since January.
Just News, No Noise
- Joe Biden bribery allegations involve Ukraine, first raised with FBI in 2017, key investigator says
- Christian man arrested for quoting Bible verse at pride event
- Matt Gaetz introduces resolution to hold former Trump probe prosecutor Mark Pomerantz in contempt
- J6 Unmasked: Security footage confirms Capitol door opened, allowing 300 to enter building freely
- FBI harbored Biden allegations since 2017, through impeachment, election, lawmaker says