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Inflation in the United States accelerated to 2.6%

November, 13 2024

In October, inflation in the United States accelerated, but the indicator was within analysts' expectations.According to the Bureau of Labor Statistics, the consumer price index increased by 0.2% month-on-month and reached 2.6% year-on-year. Excluding volatility in food and energy prices, the core consumer price index showed a more noticeable increase, increasing by 0.3% over the month and reaching 3.3% y/y.The market reaction to the data was restrained. U.S. futures rose slightly, and Treasury ... Read More

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