Key measure of inflation in US rises for first time since March
The Guardian|November 14, 2024
A key measure of US inflation has risen for the first time since March, underlining its bumpy ride down to lower levels.
Lauren Aratani

The consumer price index (CPI), which measures price growth across a basket of goods, ticked up to an annual pace of 2.6% in October from 2.4% in September, which had been the slowest rate in more than three years.

Stripping out volatile food and energy costs, the closely watched "core" inflation index held firm at 3.3% - in line with expectations.

This story is from the November 14, 2024 edition of The Guardian.

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This story is from the November 14, 2024 edition of The Guardian.

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