US October CPI due without annual figure after data gap
The gist
The US Bureau of Labor Statistics releases October CPI on Tuesday but will omit the 12-month change.
Economists expect a 0.3% monthly rise, with a December Fed decision in play.
How it unfolded
- Jun 10, 2026May CPI rose 0.5% for the month and 4.2% annually, with energy up 3.9% monthly and 23.5% over 12 months; core CPI rose 0.2% monthly and 2.9% annually.
- Jul 14, 2026June CPI fell 0.4% for the month, bringing annual inflation to 3.5%; services excluding energy were flat and shelter rose 0.1%.
- Oct 13, 2026September CPI rose 0.6% from August and 3.7% year over year, per the BLS.
Key terms
- CPI
- A statistical measure of the average change in prices paid by households for a basket of consumer goods and services.
- core CPI
- A measure of inflation that strips out volatile items to show the underlying long-term price trend.
- funds rate target
- The interest rate target that the Federal Reserve sets for overnight lending between depository institutions.
Source: Wikipedia