Breaking: Inflation Surges in October, Surpassing 31-Year High

Consumer prices spiked at their fastest pace in more than 30 years last month, the Labor Department reported Wednesday.

The consumer price index increased 6.2 percent from a year ago, according to the Department. The rise in the consumer price index — a measure of the average change over time in the prices paid by consumers for products including gasoline, health care, groceries and rents — came in above the Dow Jones estimate of 5.9 percent.

Meanwhile, the index jumped 0.9 percent on a monthly basis, also higher than the 0.6 percent estimate.

THIS BREAKING NEWS ITEM
IS PRESENTED BY

Sentinel_logo_95.png

Breaking-News2.png
hero news image

Inflation Surges in October, Surpassing 31-Year High

The consumer price index increased 6.2 percent from a year ... READ MORE

ADVERTISEMENT

New from New York Times bestselling author Brian Kilmeade

PresidentFreedom_NationalReview_570x320 (Native).jpg

The compelling story of the pivotal friendship between two American heroes, Abraham Lincoln and Frederick Douglass.

Learn more.
national review

Follow Us & Share

19 West 44th Street, Suite 1701, New York, NY, 10036, USA
Your Preferences | Unsubscribe | Privacy
View this e-mail in your browser.

Commentaires

Posts les plus consultés de ce blog

Chris Ramsey can take the heat, but what would relegation for QPR mean for black managers in the Premier League?

The Five Best Apps To Help You Lose Weight This Summer

Luke from 'Gilmore Girls' is selling out and starting a coffee brand