United States: Inflation slows in October

Annual inflation fell from 1.2% in September to 1.0% in October. The core inflation index, which excludes food and energy, remained at 0.1% for the second consecutive month, which was just below market expectations of a 0.2% rise. Annual core inflation did not change in October (September: 1.7% year-on-year). Annual average core inflation held steady at September’s 1.8%.

Read more about American Inflation.

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